Data Analysis
The release
Released by the Bureau of Census on 28 January 2025 at 8:30 AM EST. The Durable Goods Orders Excluding Transportation came in at 0.2% for December 2024, against -0.4% in November 2024. Durable goods orders excluding transportation are rising again, after a fall.
It arrived at the same moment as Durable Goods Orders, so the reaction measured on this page belongs to all of them together.
Measured by Clometrix
Bitcoin's volatility ratio was 1.01x, against 1.45x for a typical Durable Orders Ex Transportation release since 2021. Its volume ratio was 0.81x, against a typical 1.59x. Under 1.5x is not a reaction at all: the market barely noticed this release. 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 Bitcoin moved
Bitcoin was at $102,820.00 when the figure came out. Fifteen minutes later it was 0.24% lower, and an hour later 0.23% lower. Its high-to-low range in the hour after was 0.98% of its price, against 0.45% in the hour before.
What made it matter
Since 2021, Durable Orders Ex Transportation releases in the two weeks before a Fed decision have moved Bitcoin about as much as those at other times: a median volatility ratio of 1.48x across 19, against 1.43x across 49. This one came out the day before the Federal Reserve's 29 January rate decision. Its own ratio of 1.01x compares with 1.48x for those, so it moved the price less than its circumstances would suggest.
About Durable Goods Orders Excluding Transportation
The U.S. Census Bureau publishes the Durable Goods Orders report every month. Durable goods orders ex transportation reflect new orders placed with domestic manufacturers for delivery of long-lasting manufactured goods (durable goods) excluding transportation equipment in the near term or future. The change in the total value of new orders is measured and shared with the public in two releases per month: the advance report on durable goods and the manufacturers' shipments, inventories, and orders.
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.
BTC-USDT
Bitcoin
Open
101,475.04Close
101,677.1524h Change
202.11 (0.20%)24h High
103,800.0024h Low
100,272.6824h Volume
21,203 BTCUS Durable Goods Orders Excluding Transportation
Bureau of Census
28th January, 2025, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 102865.87 | 102865.88 | 102820.00 | 102820.00 | -0.04% | 0.04% | 6 BTC |
| During | 102820.00 | 102820.00 | 102700.00 | 102700.00 | -0.12% | 0.12% | 8 BTC |
| 5 Minutes | |||||||
| Before | 102877.47 | 102898.46 | 102820.00 | 102820.00 | -0.06% | 0.08% | 27 BTC |
| During | 102820.00 | 102820.00 | 102621.24 | 102621.24 | -0.19% | 0.19% | 28 BTC |
| 10 Minutes | |||||||
| Before | 102805.15 | 102938.71 | 102773.20 | 102820.00 | 0.01% | 0.16% | 62 BTC |
| During | 102820.00 | 102820.00 | 102482.35 | 102592.37 | -0.22% | 0.33% | 88 BTC |
| 15 Minutes | |||||||
| Before | 102886.19 | 102938.71 | 102773.20 | 102820.00 | -0.06% | 0.16% | 86 BTC |
| During | 102820.00 | 102820.00 | 102482.35 | 102571.65 | -0.24% | 0.33% | 136 BTC |
| 30 Minutes | |||||||
| Before | 102599.99 | 102938.71 | 102564.00 | 102820.00 | 0.21% | 0.36% | 178 BTC |
| During | 102820.00 | 102820.00 | 102482.35 | 102597.36 | -0.22% | 0.33% | 237 BTC |
| 1 Hour | |||||||
| Before | 102683.80 | 102938.71 | 102476.63 | 102820.00 | 0.13% | 0.45% | 450 BTC |
| During | 102820.00 | 102820.00 | 101815.26 | 102580.26 | -0.23% | 0.98% | 964 BTC |
| 2 Hours | |||||||
| Before | 102693.48 | 102988.60 | 102476.63 | 102820.00 | 0.12% | 0.50% | 970 BTC |
| During | 102820.00 | 103315.79 | 101815.26 | 103210.22 | 0.38% | 1.45% | 3,156 BTC |
| 4 Hours | |||||||
| Before | 102474.87 | 103181.82 | 102444.11 | 102820.00 | 0.34% | 0.71% | 2,026 BTC |
| During | 102820.00 | 103800.00 | 101815.26 | 102848.86 | 0.03% | 1.91% | 6,774 BTC |
| 6 Hours | |||||||
| Before | 103272.66 | 103343.65 | 102393.94 | 102820.00 | -0.44% | 0.92% | 3,157 BTC |
| During | 102820.00 | 103800.00 | 101815.26 | 102237.13 | -0.57% | 1.91% | 8,848 BTC |
| 8 Hours | |||||||
| Before | 101475.04 | 103371.24 | 101334.55 | 102474.87 | 0.98% | 1.97% | 5,536 BTC |
| During | 102474.87 | 103800.00 | 101815.26 | 102848.86 | 0.36% | 1.91% | 8,800 BTC |
| 12 Hours | |||||||
| Before | 101475.04 | 103371.24 | 101334.55 | 102820.00 | 1.31% | 1.97% | 7,561 BTC |
| During | 102820.00 | 103800.00 | 100272.68 | 101677.15 | -1.12% | 3.40% | 13,642 BTC |
