How POL (prev. MATIC) reacted to Durable Goods Orders on 24 April 2025

The short answer

An exceptional reaction. In the 15 minutes after the figure came out, POL (prev. MATIC)'s price swung 4.73 times as much as in a normal 15 minutes that day. For a Durable Orders release, 1.29 times is usual. An hour later the price was 10.43% higher.

4.73x

Exceptional

Trading (volume ratio)
10.48x
usual for Durable Orders: 1.53x
Price at 8:30 AM
$0.2396
15 minutes later
+3.42%
One hour later
+10.43%
range 12.98%, hour before 3.67%
POL/USDT, 1 hour candles around the release, 8:30 AM America/New York

The dashed orange line is the release. Chart data from Binance.

Open
0.2184
Close
0.2449
24h change
10.82%
24h high
0.2700
24h low
0.2152
24h volume
189.354M POL

Measured by Clometrix

POL (prev. MATIC)'s volatility ratio was 4.73x, against 1.29x for a typical Durable Orders release since 2021. Its volume ratio was 10.48x, against a typical 1.53x. That is more than twice what this release usually does. 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 POL (prev. MATIC) moved

POL (prev. MATIC) was at $0.2396 when the figure came out. Fifteen minutes later it was 3.42% higher, and an hour later 10.43% higher. Its high-to-low range in the hour after was 12.98% of its price, against 3.67% in the hour before.

The release

Released by the Bureau of Census on 24 April 2025 at 8:30 AM EDT. Durable Goods Orders came in at 7.6% for March 2025, against 1.0% in February 2025. Durable goods orders are rising faster than before.

It arrived at the same moment as Durable Goods Orders Excluding Transportation, Initial Jobless Claims and Continued Jobless Claims, so the reaction measured on this page belongs to all of them together.

What made it matter

Since 2021, Durable Orders releases in the two weeks before a Fed decision have moved POL (prev. MATIC) about as much as those at other times: a median volatility ratio of 1.32x across 20, against 1.29x across 49. This one came out 13 days before the Federal Reserve's 7 May rate decision. Its own ratio of 4.73x compares with 1.32x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 69 Durable Orders releases since 2021, POL (prev. MATIC)'s median volatility ratio is 1.29x.

How it compares

Across 69 Durable Orders releases since 2021, POL (prev. MATIC)'s usual price swing is 1.29x. This one was 3.66 times the usual.

MutedOrdinaryStrongExceptional

Thin line: Durable Orders's usual, 1.29x. Thick line: this release, 4.73x.

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 0.2396 0.2389 0.2396 0.00% 0.29% 0.13% 179,628 POL
5 minutes 0.2426 0.2389 0.2422 1.07% 1.53% 0.79% 1.395M POL
10 minutes 0.2458 0.2389 0.2453 2.32% 2.81% 0.96% 4.208M POL
15 minutes 0.2488 0.2389 0.2478 3.31% 3.98% 1.33% 9.501M POL
30 minutes 0.2543 0.2389 0.2517 4.81% 6.06% 2.27% 20.594M POL
1 hour 0.27 0.2389 0.2646 9.45% 11.52% 3.63% 40.465M POL
2 hours 0.27 0.2389 0.2579 7.10% 11.52% 4.04% 68.239M POL
4 hours 0.27 0.2389 0.254 5.67% 11.52% 8.34% 92.991M POL
6 hours 0.27 0.2389 0.2484 3.54% 11.52% 8.75% 102.509M POL
8 hours 0.27 0.2221 0.254 12.24% 17.74% 4.27% 142.751M POL
12 hours 0.27 0.2389 0.2449 2.16% 11.52% 11.18% 127.107M POL

Every coin at this release

Coin Price swing Usual for Durable Orders Reaction
Bitcoin 1.13x 1.44x Quiet
Ethereum 0.96x 1.38x Quiet
XRP 1.01x 1.13x Quiet
BNB 0.60x 1.28x Quiet
Solana 0.80x 1.32x Quiet
Dogecoin 0.86x 1.49x Quiet
TRON 1.21x 1.33x Quiet
Cardano 0.94x 1.33x Quiet
Chainlink 0.83x 1.48x Quiet
Sui 1.25x 1.36x Quiet
Bitcoin Cash 1.22x 1.31x Quiet
Hedera 1.02x 1.32x Quiet
Avalanche 0.79x 1.44x Quiet
Litecoin 0.65x 1.34x Quiet
Gram 1.02x 1.01x Quiet
Shiba Inu 0.77x 1.30x Quiet
Uniswap 0.77x 1.26x Quiet
Polkadot 0.71x 1.27x Quiet
Aave 1.25x 1.37x Quiet
Bittensor 1.06x 1.33x Quiet
NEAR Protocol 1.03x 1.29x Quiet
Aptos 0.66x 1.34x Quiet
Internet Computer 1.03x 1.11x Quiet
POL (prev. MATIC) 4.73x 1.29x Exceptional
Filecoin 1.04x 1.34x Quiet

What is Durable Goods Orders?

The U.S. Census Bureau publishes the Durable Goods Orders report every month. Durable goods orders reflect new orders placed with domestic manufacturers for delivery of long-lasting manufactured goods (durable goods) 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.

Every Durable Orders release for POL (prev. MATIC)

Questions about this page

Is 4.73x a lot?

For a Durable Orders release it is exceptional: the usual is 1.29x. Each report has its own usual size, and its releases show it.

Will the next Durable Orders do the same?

Nobody can say. A forecast shows the range POL (prev. MATIC) moved in after past Durable Orders releases, so you can plan for the likely size of the move.

More questions ยท Glossary

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.