How Dogecoin reacted to Continued Jobless Claims on 16 January 2025

Measured by Clometrix

Dogecoin's volatility ratio was 1.97x, against 1.39x for a typical Continued Claims release since 2021. Its volume ratio was 3.84x, against a typical 1.53x. That is a strong reaction by this release's own standard. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.

How Dogecoin moved

Dogecoin was at $0.377500 when the figure came out. Fifteen minutes later it was 0.68% higher, and an hour later 1.22% higher. Its high-to-low range in the hour after was 1.62% of its price, against 2.81% in the hour before.

The release

Released by the Department of Labor on 16 January 2025 at 8:30 AM EST. Continued Jobless Claims rose to 1888K for the week ending 4th Jan, from 1850K in the week ending 28th Dec.

It arrived at the same moment as Retail Sales, Retail Sales Excluding Automobiles, Import Price Index, Export Price Index and Initial Jobless Claims, so the reaction measured on this page belongs to all of them together.

What made it matter

Since 2021, Continued Claims releases in the two weeks before a Fed decision have moved Dogecoin about as much as those at other times: a median volatility ratio of 1.51x across 92, against 1.34x across 204. This one came out 13 days before the Federal Reserve's 29 January rate decision. Its own ratio of 1.97x compares with 1.51x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 296 Continued Claims releases since 2021, Dogecoin's median volatility ratio is 1.39x.

How it compares

Across 296 Continued Claims releases since 2021, Dogecoin's usual price swing is 1.39x. This one was 1.42 times the usual.

MutedOrdinaryStrongExceptional

Thin line: Continued Claims's usual, 1.39x. Thick line: this release, 1.97x.

Minute by minute

Each row is the time after the release, with the same length of time before it for comparison.

After	High	Low	Close	Change	Range	Range before	Volume
1 minute	0.38013	0.37701	0.37981	0.61%	0.82%	1.07%	18.628M DOGE
5 minutes	0.38138	0.37701	0.37886	0.36%	1.15%	1.51%	30.445M DOGE
10 minutes	0.38138	0.37672	0.37865	0.30%	1.22%	1.53%	42.53M DOGE
15 minutes	0.38138	0.37672	0.38008	0.68%	1.22%	1.53%	51.159M DOGE
30 minutes	0.38138	0.37672	0.37836	0.23%	1.22%	2.52%	69.977M DOGE
1 hour	0.38244	0.37631	0.3821	1.20%	1.60%	2.75%	109.415M DOGE
2 hours	0.38244	0.36818	0.37929	0.47%	3.73%	2.97%	393.888M DOGE
4 hours	0.38589	0.36818	0.38539	2.05%	4.59%	4.23%	587.169M DOGE
6 hours	0.39021	0.36818	0.38516	1.99%	5.65%	4.96%	736.327M DOGE
8 hours	0.38678	0.36818	0.38539	3.52%	4.81%	3.46%	988.361M DOGE
12 hours	0.39021	0.36818	0.37922	0.45%	5.65%	4.96%	1.018B DOGE

Every coin at this release

Coin	Price swing	Usual for Continued Claims	Reaction
Bitcoin	2.14x	1.52x	Strong
Ethereum	2.19x	1.47x	Strong
XRP	1.79x	1.18x	Strong
BNB	1.90x	1.42x	Strong
Solana	2.82x	1.39x	Exceptional
Dogecoin	1.97x	1.39x	Strong
TRON	2.86x	1.33x	Exceptional
Cardano	0.97x	1.35x	Quiet
Chainlink	2.63x	1.43x	Strong
Sui	1.32x	1.24x	Quiet
Bitcoin Cash	1.57x	1.34x	Ordinary
Hedera	1.79x	1.32x	Strong
Avalanche	2.00x	1.42x	Strong
Litecoin	1.06x	1.38x	Quiet
Gram	2.49x	1.02x	Exceptional
Shiba Inu	1.92x	1.34x	Strong
Uniswap	1.67x	1.35x	Ordinary
Polkadot	2.25x	1.31x	Strong
Aave	2.94x	1.38x	Exceptional
Bittensor	2.25x	1.41x	Strong
NEAR Protocol	2.30x	1.24x	Strong
Aptos	1.84x	1.41x	Strong
Internet Computer	1.50x	1.46x	Ordinary
POL (prev. MATIC)	2.37x	1.42x	Strong
Filecoin	2.03x	1.27x	Strong

What is Continued Jobless Claims?

The weekly claims report is released Thursdays at 8:30 a.m. ET by the U.S. Department of Labor (DOL). Continued claims, also referred to as insured unemployment, is the number of people who have already filed an initial claim and who have experienced a week of unemployment and then filed a continued claim to claim benefits for that week of unemployment. Continued claims data are based on the week of unemployment, not the week when the initial claim was filed.

Every Continued Claims release for Dogecoin

Questions about this page

Is 1.97x a lot?

For a Continued Claims release it is strong: the usual is 1.39x. Each report has its own usual size, and its releases show it.

Will the next Continued Claims do the same?

Nobody can say. A forecast shows the range Dogecoin moved in after past Continued Claims releases, so you can plan for the likely size of the move.

Do weekly jobless claims move crypto?

Weekly jobless claims have a median Bitcoin price swing of 1.52x since 2021, which places Initial Claims and Continued Claims in Tier 3. They are released at 8:30 a.m. ET. When a claims release falls on the same minute as a bigger report, such as CPI, the reaction belongs to both. Clometrix measures 296 claims releases in the record since 2021.

Disclaimer

The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.