How Bitcoin reacted to the Job Openings and Labor Turnover Survey on 5 February 2026

The short answer

An ordinary reaction. In the 15 minutes after the figure came out, Bitcoin's price swung 2.22 times as much as in a normal 15 minutes that day. For a JOLTs Job Openings release, 2.24 times is usual. An hour later the price was 2.76% lower.

2.22x

Ordinary

Trading (volume ratio)
3.39x
usual for JOLTs Job Openings: 2.79x
Price at 10:00 AM
$69,404.75
15 minutes later
−2.00%
One hour later
−2.76%
range 4.17%, hour before 2.29%
BTC/USDT, 10 minutes candles around the release, 10:00 AM America/New York

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

Open
71,454.44
Close
64,990.10
24h change
-9.95%
24h high
71,978.58
24h low
60,000.00
24h volume
126,714 BTC

The release

Released by the Bureau of Labor Statistics on 5 February 2026 at 10:00 AM EST. The Job Openings and Labor Turnover Survey fell to 6.55M for December 2025, from 6.846M in November 2025.

How Bitcoin moved

Bitcoin was at $69,404.75 when the figure came out. Fifteen minutes later it was 2% lower, and an hour later 2.76% lower. Its high-to-low range in the hour after was 4.17% of its price, against 2.29% in the hour before.

Measured by Clometrix

Bitcoin's volatility ratio was 2.22x, against 2.24x for a typical JOLTs Job Openings release since 2021. Its volume ratio was 3.39x, against a typical 2.79x. That is about 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.

What made it matter

Since 2021, JOLTs Job Openings releases in the two weeks before a Fed decision have moved Bitcoin about as much as those at other times: a median volatility ratio of 2.32x across 26, against 2.14x across 44. This one was not within two weeks of a Fed decision. Its own ratio of 2.22x compares with 2.14x for those, about what its circumstances would suggest.

Its record

Across 70 JOLTs Job Openings releases since 2021, Bitcoin's median volatility ratio is 2.24x.

How it compares

Across 70 JOLTs Job Openings releases since 2021, Bitcoin's usual price swing is 2.24x. This one was 0.99 times the usual.

MutedOrdinaryStrongExceptional

Thin line: JOLTs Job Openings's usual, 2.24x. Thick line: this release, 2.22x.

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 69616.29 69231.16 69248.92 -0.23% 0.55% 0.27% 141 BTC
5 minutes 69616.29 68867.00 68981.35 -0.61% 1.08% 0.96% 1,166 BTC
10 minutes 69616.29 68524.36 68627.96 -1.13% 1.57% 1.59% 2,113 BTC
15 minutes 69616.29 68011.11 68014.24 -2.04% 2.31% 2.10% 3,346 BTC
30 minutes 69616.29 66818.00 66851.99 -3.82% 4.02% 2.24% 8,109 BTC
1 hour 69616.29 66720.15 67489.07 -2.84% 4.16% 2.24% 13,837 BTC
2 hours 69616.29 66720.15 68295.15 -1.62% 4.16% 2.27% 19,697 BTC
4 hours 69616.29 65385.00 66347.00 -4.61% 6.08% 2.67% 31,528 BTC
6 hours 69616.29 62345.00 63775.67 -8.83% 10.44% 3.91% 48,404 BTC
8 hours 71063.94 65385.00 66347.00 -6.80% 7.99% 2.55% 47,014 BTC
12 hours 69616.29 60000.00 64990.10 -6.79% 13.81% 3.91% 90,175 BTC

Every coin at this release

Coin Price swing Usual for JOLTs Job Openings Reaction
Bitcoin 2.22x 2.24x Ordinary
Ethereum 2.15x 2.05x Ordinary
XRP 1.88x 1.59x Ordinary
BNB 2.38x 1.78x Strong
Solana 2.13x 1.81x Ordinary
Dogecoin 2.52x 1.77x Strong
TRON 1.88x 1.52x Ordinary
Cardano 2.70x 1.69x Strong
Chainlink 2.52x 1.75x Strong
Sui 2.13x 1.93x Ordinary
Bitcoin Cash 2.30x 1.84x Ordinary
Hedera 2.09x 1.54x Strong
Avalanche 2.97x 1.71x Strong
Litecoin 2.62x 1.90x Strong
Gram 2.85x 2.00x Strong
Shiba Inu 2.81x 1.49x Strong
Uniswap 2.90x 1.55x Strong
Polkadot 3.11x 1.65x Strong
Aave 2.31x 1.80x Ordinary
Bittensor 2.46x 1.81x Strong
NEAR Protocol 2.12x 1.59x Strong
Aptos 2.14x 1.77x Ordinary
Internet Computer 3.10x 1.69x Strong
POL (prev. MATIC) 2.20x 1.84x Ordinary
Filecoin 2.76x 1.51x Strong

What is the Job Openings and Labor Turnover Survey?

The job openings and labor turnover survey (JOLTS) is a monthly report by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor counting job vacancies and separations, including the number of workers voluntarily quitting employment. The BLS surveys more than 20,000 businesses and government offices to estimate the numbers of U.S. job vacancies, hires, and separations included in the monthly jobs report. The job separations numbers are subdivided into three categories: quits, or voluntary resignations; layoffs and discharges; and other separations, which include deaths and retirements. The number of vacancies is a widely followed indicator of labor demand, while the quits rate is partly a function of employment demand. Job hires and separations can be used to gauge labor turnover.

Every JOLTs Job Openings release for Bitcoin

Questions about this page

Is 2.22x a lot?

For a JOLTs Job Openings release it is ordinary: the usual is 2.24x. Each report has its own usual size, and its releases show it.

Will the next JOLTs Job Openings do the same?

Nobody can say. A forecast shows the range Bitcoin moved in after past JOLTs Job Openings 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.