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%.
How Gram moved
Gram was at $1.300 when the figure came out. Fifteen minutes later it was 0.77% higher, and an hour later unchanged. Its high-to-low range in the hour after was 2.31% of its price, against 0.77% in the hour before.
Measured by Clometrix
Gram's volume ratio was 15.07x, against a typical 4.64x. Its volatility ratio could not be measured: the price barely moved through the rest of the day, so there is no ordinary quarter hour to compare against. The ratio compares the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change.
What made it matter
Since 2021, Fed decisions that changed the rate have moved Gram less than those that held it: a median volatility ratio of 1.99x across 7, against 3.01x across 10. This one changed the rate.
Its record
Across 17 Fed Interest Rate releases since 2021, Gram's median volatility ratio is 2.75x.
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 | 1.30 | 1.29 | 1.30 | 0.00% | 0.77% | 0.00% | 178,654 GRAM |
| 5 minutes | 1.30 | 1.29 | 1.30 | 0.00% | 0.77% | 0.00% | 335,491 GRAM |
| 10 minutes | 1.32 | 1.29 | 1.31 | 0.76% | 2.27% | 0.00% | 479,188 GRAM |
| 15 minutes | 1.32 | 1.29 | 1.31 | 0.76% | 2.27% | 0.00% | 519,633 GRAM |
| 30 minutes | 1.32 | 1.29 | 1.30 | 0.00% | 2.27% | 0.76% | 740,369 GRAM |
| 1 hour | 1.32 | 1.29 | 1.30 | 0.00% | 2.27% | 0.76% | 1.365M GRAM |
| 2 hours | 1.32 | 1.29 | 1.30 | 0.00% | 2.27% | 0.76% | 1.793M GRAM |
| 4 hours | 1.32 | 1.29 | 1.31 | 0.76% | 2.27% | 0.76% | 2.154M GRAM |
| 6 hours | 1.32 | 1.29 | 1.32 | 1.52% | 2.27% | 1.52% | 2.367M GRAM |
| 8 hours | 1.32 | 1.29 | 1.31 | 0.00% | 2.27% | 0.76% | 3.085M GRAM |
| 12 hours | 1.32 | 1.29 | 1.31 | 0.76% | 2.27% | 1.52% | 3.117M GRAM |
Every coin at this release
| Coin | Price swing | Usual for Fed Interest Rate | Reaction |
|---|---|---|---|
| Bitcoin | 7.39x | 4.24x | Strong |
| Ethereum | 7.78x | 4.08x | Strong |
| XRP | 5.16x | 3.61x | Strong |
| BNB | 5.65x | 3.05x | Strong |
| Solana | 7.00x | 3.11x | Exceptional |
| Dogecoin | 7.52x | 3.69x | Exceptional |
| TRON | 3.01x | 2.50x | Ordinary |
| Cardano | 6.91x | 3.31x | Exceptional |
| Chainlink | 4.61x | 3.50x | Strong |
| Sui | 5.89x | 2.91x | Exceptional |
| Bitcoin Cash | 7.47x | 3.19x | Exceptional |
| Hedera | 4.75x | 2.99x | Strong |
| Avalanche | 4.70x | 3.47x | Strong |
| Litecoin | 5.14x | 3.37x | Strong |
| Gram | Not measured | 2.75x | - |
| Shiba Inu | 4.43x | 3.45x | Ordinary |
| Uniswap | 4.66x | 3.05x | Strong |
| Polkadot | 2.25x | 3.16x | Ordinary |
| Aave | 5.44x | 3.41x | Strong |
| Bittensor | 4.99x | 2.94x | Strong |
| NEAR Protocol | 3.98x | 3.33x | Ordinary |
| Aptos | 3.82x | 2.93x | Strong |
| Internet Computer | 7.09x | 3.24x | Exceptional |
| POL (prev. MATIC) | 2.90x | 2.93x | Ordinary |
| Filecoin | 4.77x | 4.03x | Ordinary |
What is the 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.