The release
Released by the Department of Labor on 16 July 2026 at 8:30 AM EDT. Initial Jobless Claims fell to 208K for the week ending 11th Jul, from 215K in the week ending 4th Jul.
It arrived at the same moment as Retail Sales, Retail Sales Excluding Automobiles and Continued Jobless Claims, so the reaction measured on this page belongs to all of them together.
How XRP moved
XRP was at $1.1100 when the figure came out. Fifteen minutes later it was 0.9% lower, and an hour later unchanged. Its high-to-low range in the hour after was 0.9% of its price, against 0% in the hour before.
Measured by Clometrix
XRP's volume ratio was 3.70x, against a typical 1.54x. Its volatility ratio could not be measured: the price barely moved through the rest of the day, so there is no ordinary quarter hour to compare against. The ratio compares the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change.
What made it matter
Since 2021, Initial Claims releases in the two weeks before a Fed decision have moved XRP about as much as those at other times: a median volatility ratio of 1.14x across 89, against 1.21x across 198. This one came out 13 days before the Federal Reserve's 29 July rate decision.
Its record
Across 287 Initial Claims releases since 2021, XRP's median volatility ratio is 1.18x.
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 | 1.11 | 1.11 | 1.11 | 0.00% | 0.00% | 0.00% | 67,671 XRP |
| 5 minutes | 1.11 | 1.11 | 1.11 | 0.00% | 0.00% | 0.00% | 802,302 XRP |
| 10 minutes | 1.11 | 1.10 | 1.10 | -0.91% | 0.90% | 0.00% | 1.43M XRP |
| 15 minutes | 1.11 | 1.10 | 1.10 | -0.91% | 0.90% | 0.00% | 1.926M XRP |
| 30 minutes | 1.11 | 1.10 | 1.10 | -0.91% | 0.90% | 0.00% | 2.502M XRP |
| 1 hour | 1.11 | 1.10 | 1.11 | 0.00% | 0.90% | 0.00% | 4.081M XRP |
| 2 hours | 1.12 | 1.10 | 1.11 | 0.00% | 1.79% | 0.00% | 7.814M XRP |
| 4 hours | 1.12 | 1.10 | 1.11 | 0.00% | 1.79% | 0.90% | 13.568M XRP |
| 6 hours | 1.12 | 1.09 | 1.09 | -1.83% | 2.68% | 1.79% | 22.899M XRP |
| 8 hours | 1.12 | 1.10 | 1.11 | 0.00% | 1.79% | 1.79% | 22.073M XRP |
| 12 hours | 1.12 | 1.09 | 1.09 | -1.83% | 2.68% | 1.79% | 35.965M XRP |
Every coin at this release
| Coin | Price swing | Usual for Initial Claims | Reaction |
|---|---|---|---|
| Bitcoin | 2.58x | 1.50x | Strong |
| Ethereum | 2.92x | 1.46x | Strong |
| XRP | Not measured | 1.18x | - |
| BNB | 2.19x | 1.42x | Strong |
| Solana | 2.51x | 1.38x | Strong |
| Dogecoin | 2.49x | 1.38x | Strong |
| TRON | 1.34x | 1.33x | Quiet |
| Cardano | 2.17x | 1.35x | Strong |
| Chainlink | 2.01x | 1.43x | Strong |
| Sui | 2.06x | 1.24x | Strong |
| Bitcoin Cash | 2.12x | 1.34x | Strong |
| Hedera | 3.17x | 1.32x | Exceptional |
| Avalanche | 3.03x | 1.42x | Exceptional |
| Litecoin | 1.52x | 1.39x | Ordinary |
| Gram | 0.00x | 1.02x | Quiet |
| Shiba Inu | 1.52x | 1.33x | Ordinary |
| Uniswap | 2.97x | 1.34x | Exceptional |
| Polkadot | 1.52x | 1.32x | Ordinary |
| Aave | 1.46x | 1.38x | Quiet |
| Bittensor | 2.07x | 1.40x | Strong |
| NEAR Protocol | 1.00x | 1.24x | Quiet |
| Aptos | 2.37x | 1.41x | Strong |
| Internet Computer | 1.01x | 1.45x | Quiet |
| POL (prev. MATIC) | 1.20x | 1.40x | Quiet |
| Filecoin | 2.38x | 1.27x | Strong |
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.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.