How Dogecoin reacted to Initial Jobless Claims on 22 January 2026

The short answer

An exceptional reaction. In the 15 minutes after the figure came out, Dogecoin's price swung 3.25 times as much as in a normal 15 minutes that day. For an Initial Claims release, 1.38 times is usual. An hour later the price was 0.92% lower.

3.25x

Exceptional

Trading (volume ratio)
3.67x
usual for Initial Claims: 1.51x
Price at 8:30 AM
$0.126080
15 minutes later
−0.66%
One hour later
−0.92%
range 1.38%, hour before 0.50%
DOGE/USDT, 1 minute candles around the release, 8:30 AM America/New York

The dashed orange line is the release. Chart data from Binance.

Open
0.127650
Close
0.124880
24h change
-2.22%
24h high
0.127940
24h low
0.123220
24h volume
418.453M DOGE

Measured by Clometrix

Dogecoin's volatility ratio was 3.25x, against 1.38x for a typical Initial Claims release since 2021. Its volume ratio was 3.67x, against a typical 1.51x. That is more than twice 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.

How Dogecoin moved

Dogecoin was at $0.126080 when the figure came out. Fifteen minutes later it was 0.66% lower, and an hour later 0.92% lower. Its high-to-low range in the hour after was 1.38% of its price, against 0.5% in the hour before.

The release

Released by the Department of Labor on 22 January 2026 at 8:30 AM EST. Initial Jobless Claims rose to 210K for the week ending 17th Jan, from 201K in the week ending 10th Jan.

It arrived at the same moment as Gross Domestic Product Report and Continued Jobless Claims, so the reaction measured on this page belongs to all of them together.

What made it matter

Since 2021, Initial Claims releases in the two weeks before a Fed decision have moved Dogecoin about as much as those at other times: a median volatility ratio of 1.47x across 94, against 1.35x across 209. This one came out 6 days before the Federal Reserve's 28 January rate decision. Its own ratio of 3.25x compares with 1.47x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 303 Initial Claims releases since 2021, Dogecoin's median volatility ratio is 1.38x.

How it compares

Across 303 Initial Claims releases since 2021, Dogecoin's usual price swing is 1.38x. This one was 2.35 times the usual.

MutedOrdinaryStrongExceptional

Thin line: Initial Claims's usual, 1.38x. Thick line: this release, 3.25x.

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 0.12652 0.12601 0.12635 0.21% 0.40% 0.03% 1.383M DOGE
5 minutes 0.12652 0.12555 0.12577 -0.25% 0.77% 0.21% 5.294M DOGE
10 minutes 0.12652 0.12548 0.12557 -0.41% 0.82% 0.35% 6.937M DOGE
15 minutes 0.12652 0.12511 0.12525 -0.66% 1.11% 0.41% 11.908M DOGE
30 minutes 0.12652 0.12501 0.12544 -0.51% 1.19% 0.50% 19.664M DOGE
1 hour 0.12652 0.12478 0.12492 -0.93% 1.38% 0.50% 29.784M DOGE
2 hours 0.12652 0.12331 0.12341 -2.16% 2.54% 0.50% 81.577M DOGE
4 hours 0.12652 0.12322 0.12465 -1.15% 2.61% 1.34% 137.852M DOGE
6 hours 0.12652 0.12322 0.1244 -1.35% 2.61% 1.34% 168.715M DOGE
8 hours 0.12718 0.12322 0.12465 -1.67% 3.11% 1.71% 196.523M DOGE
12 hours 0.12652 0.12322 0.12488 -0.96% 2.61% 1.92% 254.751M DOGE

Every coin at this release

Coin Price swing Usual for Initial Claims Reaction
Bitcoin 4.47x 1.50x Exceptional
Ethereum 4.43x 1.46x Exceptional
XRP 2.02x 1.18x Strong
BNB 4.32x 1.42x Exceptional
Solana 3.44x 1.38x Exceptional
Dogecoin 3.25x 1.38x Exceptional
TRON 1.87x 1.33x Strong
Cardano 2.97x 1.35x Exceptional
Chainlink 3.72x 1.43x Exceptional
Sui 2.01x 1.24x Strong
Bitcoin Cash 2.43x 1.34x Strong
Hedera 2.64x 1.32x Exceptional
Avalanche 2.44x 1.42x Strong
Litecoin 1.92x 1.39x Strong
Gram 1.02x 1.02x Quiet
Shiba Inu 2.65x 1.33x Strong
Uniswap 3.02x 1.34x Exceptional
Polkadot 2.00x 1.32x Strong
Aave 3.33x 1.38x Exceptional
Bittensor 2.85x 1.40x Exceptional
NEAR Protocol 2.03x 1.24x Strong
Aptos 2.00x 1.41x Strong
Internet Computer 1.47x 1.45x Quiet
POL (prev. MATIC) 2.15x 1.40x Strong
Filecoin 1.01x 1.27x Quiet

What is Initial Jobless Claims?

The weekly claims report is released Thursdays at 8:30 a.m. ET by the U.S. Department of Labor (DOL). Initial claims are new jobless claims filed by U.S. workers seeking unemployment compensation, included in the unemployment insurance weekly claims report. The report, published since 1967, includes a separate count of workers receiving unemployment insurance benefits, known as continuing claims.

Every Initial Claims release for Dogecoin

Questions about this page

Is 3.25x a lot?

For an Initial Claims release it is exceptional: the usual is 1.38x. Each report has its own usual size, and its releases show it.

Will the next Initial Claims do the same?

Nobody can say. A forecast shows the range Dogecoin moved in after past Initial Claims releases, so you can plan for the likely size of the move.

More questions · Glossary

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.