How Filecoin reacted to Initial Jobless Claims on 23 July 2026

The short answer

Hardly a reaction. In the 15 minutes after the figure came out, Filecoin's price swung 1.10 times as much as in a normal 15 minutes that day. For an Initial Claims release, 1.27 times is usual. An hour later the price was 0.39% lower.

1.10x

Quiet

Trading (volume ratio)
1.82x
usual for Initial Claims: 1.43x
Price at 8:30 AM
$0.736
15 minutes later
−0.20%
One hour later
−0.39%
range 0.77%, hour before 0.41%
FIL/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
0.764
Close
0.727
24h change
-5.15%
24h high
0.764
24h low
0.723
24h volume
6.604M FIL

The release

Released by the Department of Labor on 23 July 2026 at 8:30 AM EDT. Initial Jobless Claims fell to 187K for the week ending 18th Jul, from 208K in the week ending 11th Jul.

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

Measured by Clometrix

Filecoin's volatility ratio was 1.10x, against 1.27x for a typical Initial Claims release since 2021. Its volume ratio was 1.82x, against a typical 1.43x. Under 1.5x is not a reaction at all: the market barely noticed this release. 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 Filecoin moved

Filecoin was at $0.736 when the figure came out. Fifteen minutes later it was 0.2% lower, and an hour later 0.39% lower. Its high-to-low range in the hour after was 0.77% of its price, against 0.41% in the hour before.

What made it matter

Since 2021, Initial Claims releases in the two weeks before a Fed decision have moved Filecoin about as much as those at other times: a median volatility ratio of 1.34x across 94, against 1.27x across 209. This one came out 6 days before the Federal Reserve's 29 July rate decision. Its own ratio of 1.10x compares with 1.34x for those, so it moved the price less than its circumstances would suggest.

How it compares

Across 303 Initial Claims releases since 2021, Filecoin's usual price swing is 1.27x. This one was 0.86 times the usual.

MutedOrdinaryStrongExceptional

Thin line: Initial Claims's usual, 1.27x. Thick line: this release, 1.10x. Under 1.5x counts as no reaction at all.

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 0.736 0.7355 0.7357 -0.03% 0.07% 0.03% 4,757 FIL
5 minutes 0.7362 0.7343 0.7356 -0.04% 0.26% 0.12% 15,798 FIL
10 minutes 0.7363 0.7337 0.7346 -0.18% 0.35% 0.23% 54,768 FIL
15 minutes 0.7363 0.7337 0.7344 -0.20% 0.35% 0.23% 63,983 FIL
30 minutes 0.7373 0.7329 0.7364 0.07% 0.60% 0.28% 198,053 FIL
1 hour 0.7373 0.7316 0.733 -0.40% 0.77% 0.41% 331,380 FIL
2 hours 0.7373 0.7302 0.7358 -0.01% 0.96% 0.78% 495,742 FIL
4 hours 0.7373 0.7232 0.727 -1.22% 1.91% 0.94% 978,991 FIL
6 hours 0.7373 0.7227 0.7279 -1.10% 1.98% 2.00% 1.479M FIL
8 hours 0.7414 0.7232 0.727 -1.07% 2.45% 4.63% 3.073M FIL
12 hours 0.7373 0.7227 0.7267 -1.27% 1.98% 4.63% 1.991M FIL

Every coin at this release

Coin Price swing Usual for Initial Claims Reaction
Bitcoin 2.99x 1.50x Strong
Ethereum 3.43x 1.46x Exceptional
XRP Not measured 1.18x -
BNB 2.53x 1.42x Strong
Solana 3.56x 1.38x Exceptional
Dogecoin 4.86x 1.38x Exceptional
TRON 4.00x 1.33x Exceptional
Cardano 2.28x 1.35x Strong
Chainlink 2.97x 1.43x Exceptional
Sui 2.49x 1.24x Exceptional
Bitcoin Cash 1.34x 1.34x Quiet
Hedera 1.87x 1.32x Strong
Avalanche 4.01x 1.42x Exceptional
Litecoin 1.21x 1.39x Quiet
Gram 1.01x 1.02x Quiet
Shiba Inu 3.56x 1.33x Exceptional
Uniswap 0.50x 1.34x Quiet
Polkadot 1.33x 1.32x Quiet
Aave 1.90x 1.38x Strong
Bittensor 2.80x 1.40x Exceptional
NEAR Protocol 1.00x 1.24x Quiet
Aptos 1.00x 1.41x Quiet
Internet Computer 3.04x 1.45x Exceptional
POL (prev. MATIC) 2.22x 1.40x Strong
Filecoin 1.10x 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 Filecoin

Questions about this page

Is 1.10x a lot?

No. Under 1.5x the market barely noticed the release.

Will the next Initial Claims do the same?

Nobody can say. A forecast shows the range Filecoin 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.