Released by the Federal Open Market Committee on 19 March 2025 at 2:00 PM EDT. The Federal Open Market Committee held its target range for the federal funds rate at 4.25–4.50%.
Bitcoin was at $84,230.97 when the figure came out. Fifteen minutes later it was 0.34% higher, and an hour later 1.64% higher. Its high-to-low range in the hour after was 2.72% of its price, against 1.13% in the hour before.
Bitcoin's volatility ratio was 5.55x, against 4.29x for a typical Fed Interest Rate release since 2021. Its volume ratio was 6.94x, against a typical 5.81x. That is about 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.
Since 2021, Fed decisions that changed the rate have moved Bitcoin more than those that held it: a median volatility ratio of 5.37x across 18, against 3.31x across 28. This one held it. Its own ratio of 5.55x compares with 3.31x for those, so it moved the price more than its circumstances alone would suggest.
Across 46 Fed Interest Rate releases since 2021, Bitcoin's median volatility ratio is 4.29x.
Bitcoin registered an ordinary reaction to the Federal Reserve's decision to hold the target range at 4.25 to 4.50 percent. The price stood at $84,230.97 at the 2:00 PM release, then rose 0.34 percent within fifteen minutes and 1.64 percent within the hour. Its high-to-low range expanded to 2.72 percent in that first hour from 1.13 percent beforehand, producing a volatility ratio of 5.55x against the 4.29x median recorded across 46 prior Fed Interest Rate announcements since 2021. Volume rose 6.94x, above the 5.81x typical level.
Rate-hold decisions have historically generated smaller moves than rate changes, with a median volatility ratio of 3.31x across 28 such releases. The outcome therefore exceeded what the unchanged policy stance alone would have indicated. Traders reviewing the next comparable announcement can note that a hold accompanied by updated projections can still produce volatility above the event median when market positioning is already stretched.
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.
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.
Bitcoin
Open
83,242.00Close
85,827.2824h Change
2585.28 (3.01%)24h High
87,453.6724h Low
83,039.9924h Volume
30,140 BTCUS Federal Reserve Interest Rate Decision
Federal Open Market Committee
19th March, 2025, 2:00PM Timezone: America/New York
Chart Data from Binance
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 84145.74 | 84249.54 | 84125.75 | 84230.97 | 0.10% | 0.15% | 31 BTC |
| During | 84230.97 | 84960.00 | 83981.68 | 84546.16 | 0.37% | 1.15% | 371 BTC |
| 5 Minutes | |||||||
| Before | 84129.03 | 84250.07 | 84070.56 | 84230.97 | 0.12% | 0.21% | 129 BTC |
| During | 84230.97 | 84960.00 | 83981.68 | 84173.50 | -0.07% | 1.15% | 936 BTC |
| 10 Minutes | |||||||
| Before | 84014.85 | 84250.07 | 84014.84 | 84230.97 | 0.26% | 0.28% | 249 BTC |
| During | 84230.97 | 84960.00 | 83578.32 | 84076.09 | -0.18% | 1.63% | 1,424 BTC |
| 15 Minutes | |||||||
| Before | 83983.50 | 84250.07 | 83753.39 | 84230.97 | 0.29% | 0.59% | 563 BTC |
| During | 84230.97 | 84960.00 | 83578.32 | 84516.12 | 0.34% | 1.63% | 1,750 BTC |
| 30 Minutes | |||||||
| Before | 84467.40 | 84493.06 | 83753.39 | 84230.97 | -0.28% | 0.88% | 1,353 BTC |
| During | 84230.97 | 84960.00 | 83578.32 | 84267.98 | 0.04% | 1.63% | 2,320 BTC |
| 1 Hour | |||||||
| Before | 84574.01 | 84705.56 | 83753.39 | 84230.97 | -0.41% | 1.12% | 1,626 BTC |
| During | 84230.97 | 85870.01 | 83578.32 | 85612.25 | 1.61% | 2.67% | 4,366 BTC |
| 2 Hours | |||||||
| Before | 84733.05 | 84826.29 | 83753.39 | 84230.97 | -0.60% | 1.26% | 3,048 BTC |
| During | 84230.97 | 85950.00 | 83578.32 | 85433.38 | 1.41% | 2.76% | 6,818 BTC |
| 4 Hours | |||||||
| Before | 84092.17 | 84888.00 | 83753.39 | 84230.97 | 0.16% | 1.34% | 6,140 BTC |
| During | 84230.97 | 85950.00 | 83578.32 | 85635.99 | 1.64% | 2.76% | 8,570 BTC |
| 6 Hours | |||||||
| Before | 83881.40 | 84888.00 | 83510.21 | 84230.97 | 0.42% | 1.62% | 8,881 BTC |
| During | 84230.97 | 87000.00 | 83578.32 | 86845.94 | 3.01% | 3.93% | 11,073 BTC |
| 8 Hours | |||||||
| Before | 83242.00 | 84343.56 | 83039.99 | 84092.16 | 1.01% | 1.55% | 7,184 BTC |
| During | 84092.17 | 85950.00 | 83578.32 | 85635.99 | 1.80% | 2.76% | 14,710 BTC |
| 12 Hours | |||||||
| Before | 83242.00 | 84888.00 | 83039.99 | 84230.97 | 1.17% | 2.18% | 13,323 BTC |
| During | 84230.97 | 87453.67 | 83578.32 | 85827.28 | 1.86% | 4.43% | 16,817 BTC |