Data Analysis
The release
Released by the Bureau of Economic Analysis on 28 February 2025 at 8:30 AM EST. The Personal Income and Outlays came in at 0.5% for January 2025, against 0.4% in December 2024. Personal income is rising faster than before.
It arrived at the same moment as Personal Consumption Expenditures and Core Personal Consumption Expenditures, so the reaction measured on this page belongs to all of them together.
How Ethereum moved
Ethereum was at $2,124.65 when the figure came out. Fifteen minutes later it was 1.46% higher, and an hour later 1.96% higher. Its high-to-low range in the hour after was 3.12% of its price, against 2.1% in the hour before.
Measured by Clometrix
Ethereum's volatility ratio was 2.15x, against 1.80x for a typical Personal Income release since 2021. Its volume ratio was 3.75x, against a typical 2.15x. 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, Personal Income releases in the two weeks before a Fed decision have moved Ethereum about as much as those at other times: a median volatility ratio of 1.86x across 18, against 1.77x across 51. This one was not within two weeks of a Fed decision. Its own ratio of 2.15x compares with 1.77x for those, so it moved the price more than its circumstances alone would suggest.
Its record
Across 69 Personal Income releases since 2021, Ethereum's median volatility ratio is 1.80x.
What it means
Ethereum recorded an ordinary reaction to the Personal Income release. Its volatility ratio reached 2.15x against the event median of 1.80x across 69 releases since 2021. Volume expanded to 3.75x relative to a typical 2.15x. The price rose 1.46 percent in the first fifteen minutes and 1.96 percent after one hour, with a high-low range of 3.12 percent compared with 2.1 percent beforehand.
The print arrived alongside Personal Consumption Expenditures and Core PCE, so the measured move reflects the combined release. It fell outside the two-week window ahead of the March Federal Reserve decision. Releases in that window have shown a median volatility ratio of 1.86x, nearly identical to the 1.77x median recorded at other times. The observed 2.15x therefore exceeded the level associated with timing alone.
Traders monitoring the next Personal Income release can note that this outcome stayed within the bounds of the event's established range. The record shows no material difference in median response between releases near or far from policy meetings, which limits any adjustment based solely on calendar proximity.
About Personal Income and Outlays
Personal Income measures the change in the total value of income received from all sources by consumers. Income is closely correlated with consumer spending, which accounts for a majority of overall economic activity.
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.
ETH-USDT
Ethereum
Open
2,262.00Close
2,221.4224h Change
-40.58 (-1.83%)24h High
2,263.7524h Low
2,076.2624h Volume
1.274M ETHUS Personal Income and Outlays
Bureau of Economic Analysis
28th February, 2025, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 2121.66 | 2125.35 | 2120.24 | 2124.67 | 0.14% | 0.24% | 605 ETH |
| During | 2124.65 | 2164.99 | 2123.78 | 2146.35 | 1.01% | 1.90% | 10,831 ETH |
| 5 Minutes | |||||||
| Before | 2130.04 | 2130.34 | 2117.86 | 2124.67 | -0.25% | 0.59% | 3,291 ETH |
| During | 2124.65 | 2164.99 | 2123.78 | 2147.18 | 1.05% | 1.90% | 22,587 ETH |
| 10 Minutes | |||||||
| Before | 2132.71 | 2138.34 | 2117.86 | 2124.67 | -0.38% | 0.96% | 6,282 ETH |
| During | 2124.65 | 2164.99 | 2123.78 | 2150.01 | 1.18% | 1.90% | 31,685 ETH |
| 15 Minutes | |||||||
| Before | 2132.32 | 2138.34 | 2117.86 | 2124.67 | -0.36% | 0.96% | 8,292 ETH |
| During | 2124.65 | 2164.99 | 2123.78 | 2155.59 | 1.44% | 1.90% | 37,771 ETH |
| 30 Minutes | |||||||
| Before | 2120.44 | 2149.93 | 2116.69 | 2124.67 | 0.20% | 1.55% | 21,233 ETH |
| During | 2124.65 | 2164.99 | 2123.78 | 2151.71 | 1.26% | 1.90% | 49,215 ETH |
| 1 Hour | |||||||
| Before | 2121.65 | 2149.93 | 2105.38 | 2124.67 | 0.14% | 2.07% | 53,837 ETH |
| During | 2124.65 | 2190.10 | 2123.78 | 2166.24 | 1.92% | 3.03% | 79,335 ETH |
| 2 Hours | |||||||
| Before | 2139.91 | 2149.93 | 2105.38 | 2124.67 | -0.72% | 2.07% | 79,601 ETH |
| During | 2124.65 | 2224.98 | 2123.78 | 2223.89 | 4.46% | 4.55% | 146,079 ETH |
| 4 Hours | |||||||
| Before | 2144.49 | 2151.94 | 2105.38 | 2124.67 | -0.93% | 2.16% | 138,418 ETH |
| During | 2124.65 | 2246.30 | 2123.78 | 2234.41 | 4.91% | 5.45% | 217,057 ETH |
| 6 Hours | |||||||
| Before | 2114.49 | 2151.94 | 2076.26 | 2124.67 | 0.48% | 3.52% | 269,582 ETH |
| During | 2124.65 | 2255.13 | 2123.78 | 2230.99 | 4.77% | 5.82% | 279,476 ETH |
| 8 Hours | |||||||
| Before | 2262.00 | 2263.75 | 2076.26 | 2144.49 | -5.48% | 8.28% | 771,620 ETH |
| During | 2144.49 | 2246.30 | 2105.38 | 2234.41 | 4.02% | 6.27% | 355,475 ETH |
| 12 Hours | |||||||
| Before | 2262.00 | 2263.75 | 2076.26 | 2124.67 | -6.46% | 8.28% | 910,038 ETH |
| During | 2124.65 | 2255.13 | 2123.78 | 2221.42 | 4.36% | 5.82% | 363,518 ETH |
