Data Analysis
The release
Released by the Federal Open Market Committee on 26 January 2022 at 2:00 PM EST. The Federal Open Market Committee held its target range for the federal funds rate at 0.00–0.25%.
How Ethereum moved
Ethereum was at $2,604.89 when the figure came out. Fifteen minutes later it was 0.96% higher, and an hour later 1.19% lower. Its high-to-low range in the hour after was 6.07% of its price, against 2.5% in the hour before.
Measured by Clometrix
Ethereum's volatility ratio was 5.09x, against 4.18x for a typical Fed Interest Rate release since 2021. Its volume ratio was 9.94x, against a typical 7.50x. 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.
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 held it. Its own ratio of 5.09x compares with 3.49x 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
The Federal Reserve held its target range at 0.00 to 0.25 percent, producing an ordinary volatility response in Ethereum. The 5.09x volatility ratio aligned closely with the 4.18x median observed across 46 Fed Interest Rate releases since 2021. Volume expanded to 9.94x against the typical 7.50x, remaining consistent with the event record.
Rate holds have generated smaller moves than changes since 2021, with a median volatility ratio of 3.49x across 28 instances. This release exceeded that hold-specific benchmark at 5.09x, though the outcome stayed inside the broader distribution for the event. Price rose 0.96 percent in the first fifteen minutes before finishing 1.19 percent lower after one hour, with the hourly range widening to 6.07 percent from 2.5 percent beforehand.
Traders preparing for the next policy decision can observe that holds do not guarantee subdued reactions. The record shows outcomes continue to vary around the event median, supplying context for sizing without establishing any fixed expectation.
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
2,451.31Close
2,400.6424h Change
-50.67 (-2.11%)24h High
2,722.0024h Low
2,354.0224h Volume
887,157 ETHUS Federal Reserve Interest Rate Decision
Federal Open Market Committee
26th January, 2022, 2:00PM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 2604.59 | 2609.03 | 2600.58 | 2604.89 | 0.01% | 0.32% | 503 ETH |
| During | 2604.89 | 2648.37 | 2601.86 | 2627.74 | 0.87% | 1.76% | 6,665 ETH |
| 5 Minutes | |||||||
| Before | 2617.82 | 2619.00 | 2586.54 | 2604.89 | -0.50% | 1.24% | 5,057 ETH |
| During | 2604.89 | 2698.99 | 2601.86 | 2691.99 | 3.24% | 3.60% | 32,050 ETH |
| 10 Minutes | |||||||
| Before | 2571.49 | 2625.00 | 2570.00 | 2604.89 | 1.28% | 2.10% | 10,692 ETH |
| During | 2604.89 | 2722.00 | 2601.86 | 2712.29 | 3.96% | 4.41% | 47,761 ETH |
| 15 Minutes | |||||||
| Before | 2570.01 | 2625.00 | 2568.08 | 2604.89 | 1.34% | 2.17% | 11,729 ETH |
| During | 2604.89 | 2722.00 | 2601.86 | 2629.96 | 0.95% | 4.41% | 65,235 ETH |
| 30 Minutes | |||||||
| Before | 2574.22 | 2625.00 | 2563.26 | 2604.89 | 1.18% | 2.35% | 15,690 ETH |
| During | 2604.89 | 2722.00 | 2564.00 | 2647.15 | 1.60% | 5.80% | 99,409 ETH |
| 1 Hour | |||||||
| Before | 2595.38 | 2625.00 | 2560.00 | 2604.89 | 0.37% | 2.48% | 33,332 ETH |
| During | 2604.89 | 2722.00 | 2564.00 | 2573.83 | -1.21% | 5.80% | 151,949 ETH |
| 2 Hours | |||||||
| Before | 2614.84 | 2638.25 | 2560.00 | 2604.89 | -0.38% | 2.97% | 59,282 ETH |
| During | 2604.89 | 2722.00 | 2469.54 | 2519.12 | -3.40% | 9.27% | 238,815 ETH |
| 4 Hours | |||||||
| Before | 2646.20 | 2658.66 | 2560.00 | 2604.89 | -1.59% | 3.71% | 125,543 ETH |
| During | 2604.89 | 2722.00 | 2402.03 | 2438.18 | -6.84% | 11.75% | 305,725 ETH |
| 6 Hours | |||||||
| Before | 2532.16 | 2668.58 | 2524.40 | 2604.89 | 2.79% | 5.40% | 256,671 ETH |
| During | 2604.89 | 2722.00 | 2402.03 | 2484.44 | -4.85% | 11.75% | 354,041 ETH |
| 8 Hours | |||||||
| Before | 2451.31 | 2668.58 | 2444.49 | 2646.22 | 7.37% | 8.40% | 245,365 ETH |
| During | 2646.20 | 2722.00 | 2402.03 | 2438.18 | -8.53% | 11.75% | 431,269 ETH |
| 12 Hours | |||||||
| Before | 2451.31 | 2668.58 | 2444.49 | 2604.89 | 5.90% | 8.40% | 370,909 ETH |
| During | 2604.89 | 2722.00 | 2354.02 | 2400.64 | -8.51% | 13.52% | 516,248 ETH |
