Data Analysis
The release
Released by the Bureau of Economic Analysis on 28 February 2020 at 8:30 AM EST. The Personal Income and Outlays came in at 1.2% for January 2020, against -0.2% in December 2019. Personal income is rising again, after a fall.
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.
Measured by Clometrix
Ethereum's volatility ratio was 1.17x, against 1.80x for a typical Personal Income release since 2021. Its volume ratio was 2.65x, against a typical 2.15x. 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 Ethereum moved
Ethereum was at $223.38 when the figure came out. Fifteen minutes later it was 0.09% higher, and an hour later 0.98% lower. Its high-to-low range in the hour after was 2.25% of its price, against 4.32% in the hour before.
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 came out 4 days before the Federal Reserve's 3 March rate decision. Its own ratio of 1.17x compares with 1.86x for those, so it moved the price less than its circumstances would suggest.
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
230.27Close
227.8624h Change
-2.41 (-1.06%)24h High
234.6724h Low
214.0124h Volume
1.053M ETHUS Personal Income and Outlays
Bureau of Economic Analysis
28th February, 2020, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 222.98 | 223.68 | 222.78 | 223.39 | 0.18% | 0.40% | 1,972 ETH |
| During | 223.38 | 223.70 | 223.08 | 223.33 | -0.02% | 0.28% | 2,032 ETH |
| 5 Minutes | |||||||
| Before | 222.13 | 223.68 | 221.91 | 223.39 | 0.56% | 0.79% | 5,448 ETH |
| During | 223.38 | 223.70 | 222.59 | 223.12 | -0.12% | 0.50% | 4,964 ETH |
| 10 Minutes | |||||||
| Before | 223.80 | 223.83 | 221.91 | 223.39 | -0.18% | 0.86% | 9,205 ETH |
| During | 223.38 | 225.16 | 222.59 | 224.60 | 0.54% | 1.14% | 15,118 ETH |
| 15 Minutes | |||||||
| Before | 221.53 | 223.83 | 221.10 | 223.39 | 0.83% | 1.22% | 17,532 ETH |
| During | 223.38 | 225.16 | 222.59 | 223.57 | 0.08% | 1.14% | 22,431 ETH |
| 30 Minutes | |||||||
| Before | 217.86 | 223.83 | 216.40 | 223.39 | 2.48% | 3.32% | 49,224 ETH |
| During | 223.38 | 225.16 | 222.03 | 223.58 | 0.09% | 1.39% | 38,202 ETH |
| 1 Hour | |||||||
| Before | 216.62 | 223.83 | 214.17 | 223.39 | 3.03% | 4.32% | 93,069 ETH |
| During | 223.38 | 225.16 | 220.14 | 221.18 | -0.99% | 2.23% | 69,839 ETH |
| 2 Hours | |||||||
| Before | 222.72 | 223.83 | 214.01 | 223.39 | 0.30% | 4.39% | 173,312 ETH |
| During | 223.38 | 225.16 | 220.14 | 224.31 | 0.41% | 2.23% | 105,710 ETH |
| 4 Hours | |||||||
| Before | 223.24 | 223.83 | 214.01 | 223.39 | 0.07% | 4.39% | 327,382 ETH |
| During | 223.38 | 228.55 | 220.14 | 223.60 | 0.10% | 3.68% | 217,735 ETH |
| 6 Hours | |||||||
| Before | 223.23 | 226.85 | 214.01 | 223.39 | 0.07% | 5.66% | 406,174 ETH |
| During | 223.38 | 228.55 | 220.00 | 223.06 | -0.14% | 3.74% | 320,499 ETH |
| 8 Hours | |||||||
| Before | 230.27 | 234.67 | 221.00 | 223.29 | -3.13% | 5.83% | 268,236 ETH |
| During | 223.24 | 228.55 | 214.01 | 223.60 | 0.16% | 6.36% | 545,117 ETH |
| 12 Hours | |||||||
| Before | 230.27 | 234.67 | 214.01 | 223.39 | -3.08% | 8.80% | 595,618 ETH |
| During | 223.38 | 231.93 | 220.00 | 227.86 | 1.97% | 5.14% | 457,470 ETH |
