The data released by Bureau of Economic Analysis for Gross Domestic Product Report on 27th February, 2025 has come in at a decrease to 2.3% for 2024 4th Quarter. Compared to the previous release for 2024 4th Quarter at 2.3%, we can see that GDP growth is increasing at the same rate 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 4,096 BTC with prices swinging between 86,026.38 and 87,078.46, representing a swing of 1.21%. Subsequently, the trading volume increased significantly by 249% to 14,284 BTC. Price action ranged from a low of 84,355.04 to a high of 86,769.93, a significant difference of 2.78%
Analysing on a lower time frame to get a more accurate picture, 236 BTC in trading volume was observed prior to the data release. Prices ranged between a low of 86,255.49 to a high of 86,527.99, a 0.31% change. Immediately following, trading volume increased significantly by 180% to 662 BTC. At this time, Bitcoin hit a low of 86,012.00 with a high of 86,769.93, a significant change of 0.87%.
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
85,238.97Close
83,177.2624h Change
-2061.71 (-2.48%)24h High
87,078.4624h Low
82,716.4924h Volume
41,052 BTCUS Gross Domestic Product Report
Bureau of Economic Analysis
27th February, 2025, 8:30AM Timezone: America/New York
Chart Data from Binance
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 86470.00 | 86489.86 | 86447.20 | 86471.85 | 0.00% | 0.05% | 9 BTC |
| During | 86471.86 | 86643.37 | 86401.78 | 86560.00 | 0.10% | 0.28% | 58 BTC |
| 5 Minutes | |||||||
| Before | 86350.60 | 86500.00 | 86287.55 | 86471.85 | 0.14% | 0.25% | 80 BTC |
| During | 86471.86 | 86643.37 | 86012.00 | 86160.01 | -0.36% | 0.73% | 270 BTC |
| 10 Minutes | |||||||
| Before | 86400.00 | 86500.00 | 86255.49 | 86471.85 | 0.08% | 0.28% | 169 BTC |
| During | 86471.86 | 86769.93 | 86012.00 | 86676.00 | 0.24% | 0.87% | 523 BTC |
| 15 Minutes | |||||||
| Before | 86440.00 | 86527.99 | 86255.49 | 86471.85 | 0.04% | 0.31% | 236 BTC |
| During | 86471.86 | 86769.93 | 86012.00 | 86609.72 | 0.16% | 0.87% | 662 BTC |
| 30 Minutes | |||||||
| Before | 86330.59 | 86527.99 | 86240.18 | 86471.85 | 0.16% | 0.33% | 497 BTC |
| During | 86471.86 | 86769.93 | 85778.98 | 86117.57 | -0.41% | 1.14% | 1,463 BTC |
| 1 Hour | |||||||
| Before | 86483.43 | 86687.02 | 86240.18 | 86471.85 | -0.01% | 0.52% | 986 BTC |
| During | 86471.86 | 86769.93 | 85584.90 | 86317.99 | -0.18% | 1.37% | 2,708 BTC |
| 2 Hours | |||||||
| Before | 86646.21 | 86795.90 | 86240.18 | 86471.85 | -0.20% | 0.64% | 1,901 BTC |
| During | 86471.86 | 86769.93 | 84640.75 | 85672.07 | -0.93% | 2.45% | 9,083 BTC |
| 4 Hours | |||||||
| Before | 86169.81 | 87078.46 | 86026.38 | 86471.85 | 0.35% | 1.21% | 4,096 BTC |
| During | 86471.86 | 86769.93 | 84355.04 | 84743.54 | -2.04% | 2.78% | 14,284 BTC |
| 6 Hours | |||||||
| Before | 86354.01 | 87078.46 | 85846.87 | 86471.85 | 0.14% | 1.41% | 6,319 BTC |
| During | 86471.86 | 86769.93 | 84005.50 | 84026.42 | -2.91% | 3.19% | 16,576 BTC |
| 8 Hours | |||||||
| Before | 85238.97 | 86737.00 | 84199.46 | 86169.80 | 1.08% | 2.93% | 10,451 BTC |
| During | 86169.81 | 87078.46 | 84355.04 | 84743.54 | -1.68% | 3.13% | 18,380 BTC |
| 12 Hours | |||||||
| Before | 85238.97 | 87078.46 | 84199.46 | 86471.85 | 1.43% | 3.31% | 14,547 BTC |
| During | 86471.86 | 86769.93 | 82716.49 | 83177.26 | -3.96% | 4.67% | 26,505 BTC |