The data released by Bureau of Economic Analysis for Gross Domestic Product Report on 27th March, 2025 has come in at an increase to 2.4% for 2024 4th Quarter. Compared to the previous release for 2024 4th Quarter at 2.3%, we can see that GDP growth is increasing quarterly.
To see the impact and volatility of BTC's price during the GDP Report release, we will first observe the difference in volume and price changes on the 4-hours chart, followed by the 15-minutes chart. Change in prices will be be determined by the high and low prices instead of the opening and closing prices.
In the period prior to the release, the trading volume was 2,248 BTC with prices swinging between 86,776.04 and 87,597.60, representing a swing of 0.94%. Subsequently, the trading volume increased significantly by 236% to 7,554 BTC. Price action ranged from a low of 85,800.00 to a high of 87,575.00, a significant difference of 2.03%
Analysing on a lower time frame to get a more accurate picture, 140 BTC in trading volume was observed prior to the data release. Prices ranged between a low of 86,893.68 to a high of 87,060.09, a 0.19% change. Immediately following, trading volume increased by 27% to 178 BTC. At this time, Bitcoin hit a low of 86,856.66 with a high of 87,110.10, a significant change of 0.29%.
The GDP report is one of the BEA's most crucial outputs. It tells us the monetary value of all the finished goods and services produced within a country's borders in a specific time period. GDP gives the public an indication of an economy's size. Moreover, when compared against prior periods, this data can reveal whether the economy is expanding (producing more goods and services) or contracting (registering declining output). The direction of GDP helps central banks determine whether it is necessary to intervene with monetary policy or not.
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
87,120.37Close
86,970.0024h Change
-150.37 (-0.17%)24h High
87,756.3924h Low
85,800.0024h Volume
17,107 BTCUS Gross Domestic Product Report
Bureau of Economic Analysis
27th March, 2025, 8:30AM Timezone: America/New York
Chart Data from Binance
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 86991.33 | 86991.34 | 86914.87 | 86952.28 | -0.04% | 0.09% | 7 BTC |
| During | 86952.28 | 87066.04 | 86940.00 | 87066.04 | 0.13% | 0.14% | 17 BTC |
| 5 Minutes | |||||||
| Before | 87012.80 | 87034.33 | 86914.87 | 86952.28 | -0.07% | 0.14% | 31 BTC |
| During | 86952.28 | 87110.10 | 86856.66 | 86891.21 | -0.07% | 0.29% | 91 BTC |
| 10 Minutes | |||||||
| Before | 87009.59 | 87034.33 | 86893.68 | 86952.28 | -0.07% | 0.16% | 69 BTC |
| During | 86952.28 | 87110.10 | 86856.66 | 87029.34 | 0.09% | 0.29% | 139 BTC |
| 15 Minutes | |||||||
| Before | 87003.05 | 87060.09 | 86893.68 | 86952.28 | -0.06% | 0.19% | 140 BTC |
| During | 86952.28 | 87110.10 | 86856.66 | 86892.41 | -0.07% | 0.29% | 178 BTC |
| 30 Minutes | |||||||
| Before | 86943.51 | 87060.09 | 86776.04 | 86952.28 | 0.01% | 0.33% | 312 BTC |
| During | 86952.28 | 87110.10 | 86724.85 | 86761.05 | -0.22% | 0.44% | 353 BTC |
| 1 Hour | |||||||
| Before | 86946.00 | 87074.08 | 86776.04 | 86952.28 | 0.01% | 0.34% | 613 BTC |
| During | 86952.28 | 87110.10 | 86184.00 | 86341.24 | -0.71% | 1.06% | 1,037 BTC |
| 2 Hours | |||||||
| Before | 87507.68 | 87550.00 | 86776.04 | 86952.28 | -0.64% | 0.88% | 1,311 BTC |
| During | 86952.28 | 87110.10 | 85800.00 | 86627.35 | -0.38% | 1.50% | 4,180 BTC |
| 4 Hours | |||||||
| Before | 87410.75 | 87597.60 | 86776.04 | 86952.28 | -0.53% | 0.94% | 2,248 BTC |
| During | 86952.28 | 87575.00 | 85800.00 | 87012.39 | 0.07% | 2.03% | 7,554 BTC |
| 6 Hours | |||||||
| Before | 87482.52 | 87597.60 | 86776.04 | 86952.28 | -0.61% | 0.94% | 3,178 BTC |
| During | 86952.28 | 87575.00 | 85800.00 | 87047.90 | 0.11% | 2.03% | 8,732 BTC |
| 8 Hours | |||||||
| Before | 87120.37 | 87756.39 | 87043.47 | 87410.74 | 0.33% | 0.81% | 3,737 BTC |
| During | 87410.75 | 87597.60 | 85800.00 | 87012.39 | -0.46% | 2.05% | 9,803 BTC |
| 12 Hours | |||||||
| Before | 87120.37 | 87756.39 | 86776.04 | 86952.28 | -0.19% | 1.12% | 5,986 BTC |
| During | 86952.28 | 87728.27 | 85800.00 | 86970.00 | 0.02% | 2.20% | 11,121 BTC |