Data Analysis
Measured by Clometrix
Bitcoin's volatility ratio was 4.17x, against 3.21x for a typical Non-Farm Payrolls release since 2021. Its volume ratio was 5.85x, against a typical 4.71x. 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 Bitcoin moved
Bitcoin was at $103,849.52 when the figure came out. Fifteen minutes later it was 0.15% lower, and an hour later 0.07% higher. Its high-to-low range in the hour after was 0.76% of its price, against 0.33% in the hour before.
The release
Released by the Bureau of Labor Statistics on 6 June 2025 at 8:30 AM EDT. The economy added 19K jobs for May 2025, according to Non-Farm Payrolls, after a gain of 158K in April 2025.
It arrived at the same moment as Non-Farm Private Payrolls and Unemployment Rate, so the reaction measured on this page belongs to all of them together.
What made it matter
Since 2021, Non-Farm Payrolls 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 3.15x across 21, against 3.22x across 49. This one came out 12 days before the Federal Reserve's 18 June rate decision. Its own ratio of 4.17x compares with 3.15x for those, so it moved the price more than its circumstances alone would suggest.
Its record
Across 70 Non-Farm Payrolls releases since 2021, Bitcoin's median volatility ratio is 3.21x.
About Non-Farm Payrolls
Nonfarm payrolls is the measure of the number of workers in the U.S. excluding farm workers and workers in a handful of other job classifications. This is measured by the Bureau of Labor Statistics (BLS), which surveys private and government entities throughout the U.S. about their payrolls. The BLS reports the nonfarm payroll numbers to the public on a monthly basis through the closely followed “Employment Situation” report.
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.
BTC-USDT
Bitcoin
Open
101,474.88Close
104,181.4124h Change
2706.53 (2.60%)24h High
105,333.0024h Low
101,474.8824h Volume
15,544 BTCUS Non-Farm Payrolls
Bureau of Labor Statistics
6th June, 2025, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 103874.15 | 103874.15 | 103847.67 | 103849.52 | -0.02% | 0.03% | 7 BTC |
| During | 103849.52 | 104300.00 | 103849.52 | 104190.71 | 0.33% | 0.43% | 286 BTC |
| 5 Minutes | |||||||
| Before | 103899.36 | 103899.36 | 103804.53 | 103849.52 | -0.05% | 0.09% | 63 BTC |
| During | 103849.52 | 104300.00 | 103849.52 | 104025.55 | 0.17% | 0.43% | 447 BTC |
| 10 Minutes | |||||||
| Before | 103912.94 | 103939.10 | 103804.53 | 103849.52 | -0.06% | 0.13% | 90 BTC |
| During | 103849.52 | 104300.00 | 103845.80 | 103868.79 | 0.02% | 0.44% | 577 BTC |
| 15 Minutes | |||||||
| Before | 103978.92 | 103978.92 | 103804.53 | 103849.52 | -0.12% | 0.17% | 155 BTC |
| During | 103849.52 | 104300.00 | 103513.70 | 103689.51 | -0.15% | 0.75% | 786 BTC |
| 30 Minutes | |||||||
| Before | 103927.99 | 104036.93 | 103804.53 | 103849.52 | -0.08% | 0.22% | 402 BTC |
| During | 103849.52 | 104300.00 | 103513.70 | 103753.27 | -0.09% | 0.75% | 981 BTC |
| 1 Hour | |||||||
| Before | 103852.99 | 104036.93 | 103692.30 | 103849.52 | 0.00% | 0.33% | 675 BTC |
| During | 103849.52 | 104300.00 | 103513.70 | 103923.06 | 0.07% | 0.75% | 1,229 BTC |
| 2 Hours | |||||||
| Before | 103713.28 | 104036.93 | 103553.31 | 103849.52 | 0.13% | 0.46% | 1,229 BTC |
| During | 103849.52 | 104577.74 | 103513.70 | 104559.83 | 0.68% | 1.02% | 2,377 BTC |
| 4 Hours | |||||||
| Before | 103402.17 | 104036.93 | 103376.32 | 103849.52 | 0.43% | 0.63% | 2,368 BTC |
| During | 103849.52 | 105333.00 | 103513.70 | 105071.41 | 1.16% | 1.73% | 4,849 BTC |
| 6 Hours | |||||||
| Before | 103071.99 | 104036.93 | 102979.28 | 103849.52 | 0.75% | 1.02% | 3,444 BTC |
| During | 103849.52 | 105333.00 | 103513.70 | 104506.99 | 0.63% | 1.73% | 6,271 BTC |
| 8 Hours | |||||||
| Before | 101474.88 | 103489.00 | 101474.88 | 103402.18 | 1.86% | 1.95% | 4,700 BTC |
| During | 103402.17 | 105333.00 | 103376.32 | 105071.41 | 1.59% | 1.86% | 7,217 BTC |
| 12 Hours | |||||||
| Before | 101474.88 | 104036.93 | 101474.88 | 103849.52 | 2.29% | 2.46% | 7,068 BTC |
| During | 103849.52 | 105333.00 | 103513.70 | 104181.41 | 0.32% | 1.73% | 8,475 BTC |
