How Internet Computer reacted to Initial Jobless Claims on 10 September 2026

The short answer

A strong reaction. In the 15 minutes after the figure came out, Internet Computer's price swung 2.02 times as much as in a normal 15 minutes that day. For an Initial Claims release, 1.45 times is usual. An hour later the price was 0.72% lower.

2.02x

Strong

Trading (volume ratio)
3.56x
usual for Initial Claims: 1.59x
Price at 8:30 AM
$2.770
15 minutes later
−1.08%
One hour later
−0.72%
range 2.89%, hour before 0.72%
ICP/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
2.770
Close
2.820
24h change
1.77%
24h high
2.840
24h low
2.690
24h volume
2.341M ICP

Measured by Clometrix

Internet Computer's volatility ratio was 2.02x, against 1.45x for a typical Initial Claims release since 2021. Its volume ratio was 3.56x, against a typical 1.59x. That is a strong reaction by this release's own standard. 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 Internet Computer moved

Internet Computer was at $2.770 when the figure came out. Fifteen minutes later it was 1.08% lower, and an hour later 0.72% lower. Its high-to-low range in the hour after was 2.89% of its price, against 0.72% in the hour before.

The release

Released by the Department of Labor on 10 September 2026 at 8:30 AM EDT. Initial Jobless Claims was unchanged at 206K for the week ending 5th Sep.

It arrived at the same moment as Producer Price Index, Core Producer Price Index 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 Internet Computer about as much as those at other times: a median volatility ratio of 1.51x across 88, against 1.33x across 197. This one came out 6 days before the Federal Reserve's 16 September rate decision. Its own ratio of 2.02x compares with 1.51x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 285 Initial Claims releases since 2021, Internet Computer's median volatility ratio is 1.45x.

How it compares

Across 285 Initial Claims releases since 2021, Internet Computer's usual price swing is 1.45x. This one was 1.39 times the usual.

MutedOrdinaryStrongExceptional

Thin line: Initial Claims's usual, 1.45x. Thick line: this release, 2.02x.

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 2.77 2.75 2.77 0.00% 0.72% 0.36% 19,389 ICP
5 minutes 2.77 2.74 2.74 -1.09% 1.08% 0.36% 36,034 ICP
10 minutes 2.77 2.73 2.74 -1.09% 1.44% 0.36% 49,801 ICP
15 minutes 2.77 2.73 2.74 -1.09% 1.44% 0.72% 62,643 ICP
30 minutes 2.77 2.69 2.74 -1.09% 2.89% 0.72% 219,463 ICP
1 hour 2.77 2.69 2.75 -0.73% 2.89% 0.72% 281,505 ICP
2 hours 2.78 2.69 2.77 0.00% 3.24% 1.44% 437,065 ICP
4 hours 2.79 2.69 2.71 -2.21% 3.58% 2.50% 571,288 ICP
6 hours 2.79 2.69 2.74 -1.09% 3.58% 2.85% 684,923 ICP
8 hours 2.80 2.69 2.71 -2.21% 3.93% 3.20% 817,684 ICP
12 hours 2.84 2.69 2.82 1.77% 5.28% 3.20% 1.177M ICP

Every coin at this release

Coin Price swing Usual for Initial Claims Reaction
Bitcoin 5.77x 1.50x Exceptional
Ethereum 5.62x 1.46x Exceptional
XRP 2.04x 1.18x Strong
BNB 3.88x 1.42x Exceptional
Solana 5.87x 1.38x Exceptional
Dogecoin 4.11x 1.38x Exceptional
TRON 3.66x 1.33x Exceptional
Cardano 2.67x 1.35x Strong
Chainlink 3.43x 1.43x Exceptional
Sui 2.99x 1.24x Exceptional
Bitcoin Cash 3.67x 1.34x Exceptional
Hedera 3.68x 1.32x Exceptional
Avalanche 4.32x 1.42x Exceptional
Litecoin 2.59x 1.39x Strong
Gram Not measured 1.02x -
Shiba Inu 3.05x 1.33x Exceptional
Uniswap 2.00x 1.34x Strong
Polkadot 1.01x 1.32x Quiet
Aave 2.20x 1.38x Strong
Bittensor 3.26x 1.40x Exceptional
NEAR Protocol 1.38x 1.24x Quiet
Aptos 2.01x 1.41x Strong
Internet Computer 2.02x 1.45x Strong
POL (prev. MATIC) 2.65x 1.40x Strong
Filecoin 1.93x 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.

Every Initial Claims release for Internet Computer

Questions about this page

Is 2.02x a lot?

For an Initial Claims release it is strong: the usual is 1.45x. 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 Internet Computer 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.