Data Analysis
Measured by Clometrix
Ethereum's volatility ratio was 2.86x, against 1.80x for a typical Personal Income release since 2021. Its volume ratio was 4.74x, against a typical 2.15x. 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 Ethereum moved
Ethereum was at $1,896.66 when the figure came out. Fifteen minutes later it was 0.33% lower, and an hour later unchanged. Its high-to-low range in the hour after was 1.23% of its price, against 0.97% in the hour before.
The release
Released by the Bureau of Economic Analysis on 28 March 2025 at 8:30 AM EDT. The Personal Income and Outlays came in at 0.7% for February 2025, against 0.5% in January 2025. 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.
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 2.86x 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 a strong reaction to the Personal Income release. Its volatility ratio reached 2.86x against the 1.80x median for this event since 2021, while volume expanded to 4.74x compared with the typical 2.15x. The price opened at $1,896.66, fell 0.33 percent within fifteen minutes, and stood unchanged an hour later, with the hourly range widening to 1.23 percent from 0.97 percent beforehand.
The figures arrived together with Personal Consumption Expenditures at 0.4 percent and Core PCE at 0.5 percent for February. Personal Income itself printed 0.7 percent against 0.5 percent the prior month. This cluster occurred 39 days before the next Federal Reserve decision, outside the two-week window in which Personal Income releases have shown a median volatility ratio of 1.86x for Ethereum.
The 2.86x outcome therefore exceeded both the event's overall median and the 1.77x median recorded for releases timed away from policy meetings. Traders monitoring the next Personal Income print can note that unusually large moves have occurred even without nearby policy events, though the record supplies no basis for expecting any particular magnitude from future releases.
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
1,995.47Close
1,905.9024h Change
-89.57 (-4.70%)24h High
2,015.9324h Low
1,860.0024h Volume
626,081 ETHUS Personal Income and Outlays
Bureau of Economic Analysis
28th March, 2025, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 1896.23 | 1897.25 | 1895.29 | 1896.66 | 0.02% | 0.10% | 947 ETH |
| During | 1896.66 | 1903.87 | 1889.19 | 1889.57 | -0.38% | 0.77% | 7,930 ETH |
| 5 Minutes | |||||||
| Before | 1892.23 | 1897.25 | 1891.01 | 1896.66 | 0.23% | 0.33% | 2,549 ETH |
| During | 1896.66 | 1903.87 | 1880.66 | 1885.30 | -0.60% | 1.22% | 14,510 ETH |
| 10 Minutes | |||||||
| Before | 1887.54 | 1897.25 | 1887.15 | 1896.66 | 0.48% | 0.53% | 4,825 ETH |
| During | 1896.66 | 1903.87 | 1880.66 | 1884.67 | -0.64% | 1.22% | 17,670 ETH |
| 15 Minutes | |||||||
| Before | 1894.13 | 1897.25 | 1886.35 | 1896.66 | 0.13% | 0.57% | 7,875 ETH |
| During | 1896.66 | 1903.87 | 1880.66 | 1890.47 | -0.33% | 1.22% | 19,865 ETH |
| 30 Minutes | |||||||
| Before | 1900.47 | 1903.32 | 1886.35 | 1896.66 | -0.20% | 0.89% | 14,992 ETH |
| During | 1896.66 | 1903.87 | 1880.66 | 1884.32 | -0.65% | 1.22% | 25,364 ETH |
| 1 Hour | |||||||
| Before | 1898.28 | 1904.79 | 1886.35 | 1896.66 | -0.09% | 0.97% | 32,538 ETH |
| During | 1896.66 | 1903.87 | 1880.45 | 1896.35 | -0.02% | 1.23% | 38,646 ETH |
| 2 Hours | |||||||
| Before | 1915.14 | 1925.00 | 1860.00 | 1896.66 | -0.97% | 3.38% | 83,229 ETH |
| During | 1896.66 | 1903.87 | 1876.34 | 1888.67 | -0.42% | 1.45% | 77,380 ETH |
| 4 Hours | |||||||
| Before | 1907.84 | 1925.00 | 1860.00 | 1896.66 | -0.59% | 3.38% | 126,290 ETH |
| During | 1896.66 | 1903.87 | 1862.14 | 1872.53 | -1.29% | 2.19% | 138,195 ETH |
| 6 Hours | |||||||
| Before | 1925.66 | 1925.98 | 1860.00 | 1896.66 | -1.53% | 3.43% | 213,167 ETH |
| During | 1896.66 | 1903.87 | 1862.14 | 1873.97 | -1.21% | 2.19% | 172,204 ETH |
| 8 Hours | |||||||
| Before | 1995.47 | 2015.93 | 1900.00 | 1907.85 | -4.59% | 5.75% | 265,331 ETH |
| During | 1907.84 | 1925.00 | 1860.00 | 1872.53 | -1.89% | 3.38% | 264,485 ETH |
| 12 Hours | |||||||
| Before | 1995.47 | 2015.93 | 1860.00 | 1896.66 | -5.21% | 7.73% | 391,622 ETH |
| During | 1896.66 | 1907.30 | 1862.14 | 1905.90 | 0.48% | 2.37% | 234,459 ETH |
