How Internet Computer reacted to Durable Goods Orders on 26 August 2025

The short answer

An exceptional reaction. In the 15 minutes after the figure came out, Internet Computer's price swung 5.48 times as much as in a normal 15 minutes that day. For a Durable Orders release, 1.11 times is usual. An hour later the price was 0.61% higher.

5.48x

Exceptional

Trading (volume ratio)
6.22x
usual for Durable Orders: 1.54x
Price at 8:30 AM
$4.950
15 minutes later
+1.62%
One hour later
+0.61%
range 2.22%, hour before 0.40%
ICP/USDT, 5 minutes candles around the release, 8:30 AM America/New York

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

Open
4.920
Close
5.040
24h change
2.38%
24h high
5.110
24h low
4.900
24h volume
2.026M ICP

Measured by Clometrix

Internet Computer's volatility ratio was 5.48x, against 1.11x for a typical Durable Orders release since 2021. Its volume ratio was 6.22x, against a typical 1.54x. 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 Internet Computer moved

Internet Computer was at $4.950 when the figure came out. Fifteen minutes later it was 1.62% higher, and an hour later 0.61% higher. Its high-to-low range in the hour after was 2.22% of its price, against 0.4% in the hour before.

The release

Released by the Bureau of Census on 26 August 2025 at 8:30 AM EDT. Durable Goods Orders came in at -2.8% for July 2025, against -9.4% in June 2025. Durable goods orders are still falling, but more slowly than before.

It arrived at the same moment as Durable Goods Orders Excluding Transportation, 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 Internet Computer less than those at other times: a median volatility ratio of 1.03x across 19, against 1.22x across 45. This one was not within two weeks of a Fed decision. Its own ratio of 5.48x compares with 1.22x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 64 Durable Orders releases since 2021, Internet Computer's median volatility ratio is 1.11x.

How it compares

Across 64 Durable Orders releases since 2021, Internet Computer's usual price swing is 1.11x. This one was 4.95 times the usual.

MutedOrdinaryStrongExceptional

Thin line: Durable Orders's usual, 1.11x. Thick line: this release, 5.48x.

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 4.96 4.95 4.96 0.20% 0.20% 0.00% 913 ICP
5 minutes 4.99 4.95 4.99 0.80% 0.80% 0.20% 6,984 ICP
10 minutes 5.05 4.95 5.05 1.98% 1.98% 0.40% 64,541 ICP
15 minutes 5.06 4.95 5.03 1.59% 2.17% 0.40% 97,007 ICP
30 minutes 5.06 4.95 5.02 1.39% 2.17% 0.40% 179,534 ICP
1 hour 5.06 4.95 4.98 0.60% 2.17% 0.40% 247,226 ICP
2 hours 5.06 4.92 4.99 0.80% 2.77% 1.40% 409,416 ICP
4 hours 5.06 4.92 5.01 1.20% 2.77% 1.40% 528,186 ICP
6 hours 5.06 4.92 5.03 1.59% 2.77% 1.80% 608,219 ICP
8 hours 5.06 4.92 5.01 1.20% 2.77% 1.80% 772,977 ICP
12 hours 5.11 4.92 5.04 1.79% 3.72% 2.00% 958,232 ICP

Every coin at this release

Coin Price swing Usual for Durable Orders Reaction
Bitcoin 3.82x 1.44x Exceptional
Ethereum 5.76x 1.38x Exceptional
XRP 5.02x 1.13x Exceptional
BNB 4.73x 1.28x Exceptional
Solana 3.89x 1.32x Exceptional
Dogecoin 5.02x 1.49x Exceptional
TRON 4.14x 1.33x Exceptional
Cardano 4.43x 1.33x Exceptional
Chainlink 3.69x 1.48x Exceptional
Sui 4.04x 1.36x Exceptional
Bitcoin Cash 4.38x 1.31x Exceptional
Hedera 3.88x 1.32x Exceptional
Avalanche 4.12x 1.44x Exceptional
Litecoin 4.24x 1.34x Exceptional
Gram 5.03x 1.01x Exceptional
Shiba Inu 4.18x 1.30x Exceptional
Uniswap 4.02x 1.26x Exceptional
Polkadot 3.51x 1.27x Exceptional
Aave 3.05x 1.37x Exceptional
Bittensor 3.43x 1.33x Exceptional
NEAR Protocol 5.95x 1.29x Exceptional
Aptos 3.99x 1.34x Exceptional
Internet Computer 5.48x 1.11x Exceptional
POL (prev. MATIC) 3.83x 1.29x Exceptional
Filecoin 4.91x 1.34x Exceptional

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 Internet Computer

Questions about this page

Is 5.48x a lot?

For a Durable Orders release it is exceptional: the usual is 1.11x. 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 Internet Computer moved in after past Durable Orders releases, so you can plan for the likely size of the move.

More questions · 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.