Data Analysis
The release
Released by the Department of Labor on 12 March 2026 at 8:30 AM EDT. Initial Jobless Claims fell to 213K for the week ending 7th Mar, from 214K in the week ending 28th Feb.
It arrived at the same moment as International Trade Balance in Goods and Services, International Imports in Goods and Services, International Exports in Goods and Services and Continued Jobless Claims, so the reaction measured on this page belongs to all of them together.
Measured by Clometrix
Chainlink's volatility ratio was 1.00x, against 1.43x for a typical Initial Claims release since 2021. Its volume ratio was 0.69x, against a typical 1.63x. 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 Chainlink moved
Chainlink was at $9.04 when the figure came out. Fifteen minutes later it was 0.22% higher, and an hour later 0.44% lower. Its high-to-low range in the hour after was 1.22% of its price, against 0.88% in the hour before.
What made it matter
Since 2021, Initial Claims releases in the two weeks before a Fed decision have moved Chainlink about as much as those at other times: a median volatility ratio of 1.45x across 93, against 1.38x across 208. This one came out 6 days before the Federal Reserve's 18 March rate decision. Its own ratio of 1.00x compares with 1.45x for those, so it moved the price less than its circumstances would suggest.
About 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.
LINK-USDT
Chainlink
Open
9.01Close
9.2724h Change
0.26 (2.80%)24h High
9.3224h Low
8.8324h Volume
2.898M LINKUS Initial Jobless Claims
Department of Labor
12th March, 2026, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 9.04 | 9.05 | 9.04 | 9.04 | 0.00% | 0.11% | 4,505 LINK |
| During | 9.04 | 9.04 | 9.03 | 9.04 | 0.00% | 0.11% | 1,683 LINK |
| 5 Minutes | |||||||
| Before | 9.04 | 9.05 | 9.04 | 9.04 | 0.00% | 0.11% | 5,028 LINK |
| During | 9.04 | 9.04 | 9.02 | 9.04 | 0.00% | 0.22% | 4,256 LINK |
| 10 Minutes | |||||||
| Before | 9.04 | 9.05 | 9.03 | 9.04 | 0.00% | 0.22% | 8,993 LINK |
| During | 9.04 | 9.05 | 9.02 | 9.03 | -0.11% | 0.33% | 11,342 LINK |
| 15 Minutes | |||||||
| Before | 9.03 | 9.05 | 9.01 | 9.04 | 0.11% | 0.44% | 21,509 LINK |
| During | 9.04 | 9.06 | 9.02 | 9.06 | 0.22% | 0.44% | 14,684 LINK |
| 30 Minutes | |||||||
| Before | 9.03 | 9.05 | 9.00 | 9.04 | 0.11% | 0.55% | 66,455 LINK |
| During | 9.04 | 9.07 | 9.02 | 9.03 | -0.11% | 0.55% | 32,806 LINK |
| 1 Hour | |||||||
| Before | 9.05 | 9.08 | 9.00 | 9.04 | -0.11% | 0.88% | 112,235 LINK |
| During | 9.04 | 9.07 | 8.96 | 9.00 | -0.44% | 1.21% | 79,146 LINK |
| 2 Hours | |||||||
| Before | 9.05 | 9.11 | 9.00 | 9.04 | -0.11% | 1.21% | 382,928 LINK |
| During | 9.04 | 9.10 | 8.96 | 8.97 | -0.78% | 1.54% | 349,611 LINK |
| 4 Hours | |||||||
| Before | 8.96 | 9.11 | 8.92 | 9.04 | 0.88% | 2.09% | 546,354 LINK |
| During | 9.04 | 9.10 | 8.89 | 9.02 | -0.22% | 2.31% | 694,635 LINK |
| 6 Hours | |||||||
| Before | 8.91 | 9.11 | 8.89 | 9.04 | 1.44% | 2.41% | 691,971 LINK |
| During | 9.04 | 9.10 | 8.89 | 9.02 | -0.22% | 2.31% | 879,228 LINK |
| 8 Hours | |||||||
| Before | 9.01 | 9.02 | 8.83 | 8.97 | -0.45% | 2.11% | 641,740 LINK |
| During | 8.96 | 9.11 | 8.89 | 9.02 | 0.67% | 2.41% | 1.241M LINK |
| 12 Hours | |||||||
| Before | 9.01 | 9.11 | 8.83 | 9.04 | 0.33% | 3.07% | 1.188M LINK |
| During | 9.04 | 9.32 | 8.89 | 9.27 | 2.48% | 4.61% | 1.71M LINK |
