Data Analysis
Measured by Clometrix
Ethereum's volatility ratio was 7.78x, against 4.18x for a typical Fed Interest Rate release since 2021. Its volume ratio was 17.16x, against a typical 7.50x. 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 Ethereum moved
Ethereum was at $2,390.77 when the figure came out. Fifteen minutes later it was 0.49% higher, and an hour later 0.3% higher. Its high-to-low range in the hour after was 2.57% of its price, against 1.05% in the hour before.
The release
Released by the Federal Open Market Committee on 16 September 2026 at 2:00 PM EDT. The Federal Open Market Committee raised its target range for the federal funds rate by 25 basis points, to 3.75–4.00%.
What made it matter
Since 2021, Fed decisions that changed the rate have moved Ethereum more than those that held it: a median volatility ratio of 5.50x across 18, against 3.49x across 28. This one changed the rate. Its own ratio of 7.78x compares with 5.50x for those, so it moved the price more than its circumstances alone would suggest.
Its record
Across 46 Fed Interest Rate releases since 2021, Ethereum's median volatility ratio is 4.18x.
What it means
Ethereum registered a strong reaction to the September 2026 Federal Open Market Committee decision. Volatility reached 7.78x the level of an ordinary quarter hour that day, well above the 4.18x median recorded across 46 prior releases of the same event since 2021. Volume expanded to 17.16x against a typical 7.50x. The price stood at $2,390.77 at the 2:00 PM release and rose 0.49 percent within fifteen minutes and 0.3 percent within the hour, while the hourly high-to-low range widened to 2.57 percent from 1.05 percent beforehand.
Rate adjustments have coincided with larger moves than holds. Across the sample, the median volatility ratio for the 18 decisions that altered the target range reached 5.50x, compared with 3.49x for the 28 that left policy unchanged. The present release raised the range by 25 basis points to 3.75-4.00 percent and produced a ratio of 7.78x, exceeding the median observed for prior adjustments. A trader reviewing the decision may therefore weigh whether the committee elects to change the target range, as such instances have aligned with elevated volatility and volume ratios relative to unchanged meetings.
About Federal Reserve Interest Rate Decision
The Federal Open Market Committee (FOMC) has eight regularly scheduled meetings each year, but they can meet more often if the need should arise. The meetings are not held in public and are therefore the subject of much speculation on Wall Street, as analysts attempt to predict whether the Fed will tighten or loosen the money supply with a resulting increase or decrease in interest rates.
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.
ETH-USDT
Ethereum
Open
2,407.37Close
2,437.2024h Change
29.83 (1.22%)24h High
2,446.6624h Low
2,369.1124h Volume
335,886 ETHUS Federal Reserve Interest Rate Decision
Federal Open Market Committee
16th September, 2026, 2:00PM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 2392.20 | 2394.84 | 2386.71 | 2390.77 | -0.06% | 0.34% | 939 ETH |
| During | 2390.77 | 2404.56 | 2370.00 | 2384.69 | -0.25% | 1.44% | 9,241 ETH |
| 5 Minutes | |||||||
| Before | 2379.66 | 2396.69 | 2377.94 | 2390.77 | 0.46% | 0.78% | 3,710 ETH |
| During | 2390.77 | 2404.56 | 2370.00 | 2399.41 | 0.36% | 1.44% | 18,796 ETH |
| 10 Minutes | |||||||
| Before | 2372.63 | 2396.69 | 2372.10 | 2390.77 | 0.76% | 1.03% | 5,507 ETH |
| During | 2390.77 | 2430.64 | 2370.00 | 2416.49 | 1.06% | 2.49% | 33,336 ETH |
| 15 Minutes | |||||||
| Before | 2376.32 | 2396.69 | 2371.62 | 2390.77 | 0.60% | 1.05% | 7,499 ETH |
| During | 2390.77 | 2430.64 | 2370.00 | 2402.52 | 0.49% | 2.49% | 39,634 ETH |
| 30 Minutes | |||||||
| Before | 2389.05 | 2396.69 | 2371.62 | 2390.77 | 0.07% | 1.05% | 13,574 ETH |
| During | 2390.77 | 2430.64 | 2370.00 | 2412.27 | 0.89% | 2.49% | 48,812 ETH |
| 1 Hour | |||||||
| Before | 2392.06 | 2396.69 | 2371.62 | 2390.77 | -0.05% | 1.05% | 16,436 ETH |
| During | 2390.77 | 2430.64 | 2369.11 | 2398.05 | 0.30% | 2.53% | 77,412 ETH |
| 2 Hours | |||||||
| Before | 2392.76 | 2399.51 | 2371.62 | 2390.77 | -0.08% | 1.16% | 23,474 ETH |
| During | 2390.77 | 2430.64 | 2369.11 | 2408.60 | 0.74% | 2.53% | 102,853 ETH |
| 4 Hours | |||||||
| Before | 2394.01 | 2402.17 | 2371.62 | 2390.77 | -0.14% | 1.27% | 51,564 ETH |
| During | 2390.77 | 2430.64 | 2369.11 | 2404.94 | 0.59% | 2.53% | 119,883 ETH |
| 6 Hours | |||||||
| Before | 2422.60 | 2423.68 | 2371.62 | 2390.77 | -1.33% | 2.15% | 77,654 ETH |
| During | 2390.77 | 2430.64 | 2369.11 | 2418.26 | 1.14% | 2.53% | 141,436 ETH |
| 8 Hours | |||||||
| Before | 2407.37 | 2430.00 | 2382.70 | 2394.01 | -0.56% | 1.95% | 89,485 ETH |
| During | 2394.01 | 2430.64 | 2369.11 | 2404.94 | 0.45% | 2.53% | 171,446 ETH |
| 12 Hours | |||||||
| Before | 2407.37 | 2430.00 | 2371.62 | 2390.77 | -0.69% | 2.40% | 141,049 ETH |
| During | 2390.77 | 2446.66 | 2369.11 | 2437.20 | 1.91% | 3.17% | 194,836 ETH |
