Data Analysis
The release
Released by the Bureau of Economic Analysis on 9 April 2026 at 8:30 AM EDT. The Personal Income and Outlays came in at -0.1% for February 2026, against 0.4% in January 2026. Personal income is falling, after a rise.
It arrived at the same moment as Personal Consumption Expenditures, Core Personal Consumption Expenditures, Initial Jobless Claims, Continued Jobless Claims and Gross Domestic Product Report, so the reaction measured on this page belongs to all of them together.
Measured by Clometrix
Ethereum's volatility ratio was 1.00x, against 1.80x for a typical Personal Income release since 2021. Its volume ratio was 1.28x, 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 $2,184.80 when the figure came out. Fifteen minutes later it was unchanged, and an hour later 0.28% lower. Its high-to-low range in the hour after was 0.57% of its price, against 0.56% 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 was not within two weeks of a Fed decision. Its own ratio of 1.00x compares with 1.77x for those, so it moved the price less than its circumstances would suggest.
What it means
Ethereum registered a quiet reaction to the Personal Income release, posting a volatility ratio of 1.00x against the 1.80x median recorded for the event since 2021. Volume expanded only 1.28x versus the typical 2.15x. The price stood at $2,184.80 at the 8:30 AM release and remained unchanged fifteen minutes later.
The hour after the print showed a high-to-low range of 0.57 percent, virtually identical to the 0.56 percent range in the preceding hour. The release fell nineteen days before the 29 April 2026 Federal Reserve decision, outside the two weeks before a Fed decision.
Across the longer record, Personal Income releases within two weeks of a policy meeting have generated a median volatility ratio of 1.86x for Ethereum, compared with 1.77x at other times. The 1.00x reading here therefore sits below even the non-Fed baseline as a Personal Income print accompanied by several other data points can still leave price action essentially undisturbed when the surprise component remains modest.
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
2,184.92Close
2,189.8424h Change
4.92 (0.22%)24h High
2,246.0024h Low
2,157.3124h Volume
276,847 ETHUS Personal Income and Outlays
Bureau of Economic Analysis
9th April, 2026, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 2184.38 | 2184.98 | 2184.15 | 2184.80 | 0.02% | 0.04% | 50 ETH |
| During | 2184.80 | 2186.83 | 2184.40 | 2185.18 | 0.02% | 0.11% | 348 ETH |
| 5 Minutes | |||||||
| Before | 2176.94 | 2186.51 | 2176.93 | 2184.80 | 0.36% | 0.44% | 2,232 ETH |
| During | 2184.80 | 2186.83 | 2180.68 | 2182.40 | -0.11% | 0.28% | 731 ETH |
| 10 Minutes | |||||||
| Before | 2179.75 | 2186.51 | 2174.27 | 2184.80 | 0.23% | 0.56% | 3,472 ETH |
| During | 2184.80 | 2186.83 | 2179.82 | 2180.26 | -0.21% | 0.32% | 1,297 ETH |
| 15 Minutes | |||||||
| Before | 2181.18 | 2186.51 | 2174.27 | 2184.80 | 0.17% | 0.56% | 4,611 ETH |
| During | 2184.80 | 2186.98 | 2179.32 | 2183.71 | -0.05% | 0.35% | 2,578 ETH |
| 30 Minutes | |||||||
| Before | 2180.26 | 2186.51 | 2174.27 | 2184.80 | 0.21% | 0.56% | 5,631 ETH |
| During | 2184.80 | 2186.98 | 2177.63 | 2183.34 | -0.07% | 0.43% | 4,009 ETH |
| 1 Hour | |||||||
| Before | 2180.50 | 2186.51 | 2174.27 | 2184.80 | 0.20% | 0.56% | 7,851 ETH |
| During | 2184.80 | 2186.98 | 2174.55 | 2178.60 | -0.28% | 0.57% | 7,387 ETH |
| 2 Hours | |||||||
| Before | 2192.68 | 2196.22 | 2174.27 | 2184.80 | -0.36% | 1.00% | 18,784 ETH |
| During | 2184.80 | 2186.98 | 2157.31 | 2163.11 | -1.00% | 1.36% | 26,019 ETH |
| 4 Hours | |||||||
| Before | 2180.13 | 2197.70 | 2174.27 | 2184.80 | 0.21% | 1.07% | 34,465 ETH |
| During | 2184.80 | 2229.40 | 2157.31 | 2209.71 | 1.13% | 3.23% | 80,317 ETH |
| 6 Hours | |||||||
| Before | 2177.58 | 2197.70 | 2174.27 | 2184.80 | 0.33% | 1.07% | 48,599 ETH |
| During | 2184.80 | 2229.40 | 2157.31 | 2209.14 | 1.10% | 3.23% | 113,182 ETH |
| 8 Hours | |||||||
| Before | 2184.92 | 2188.99 | 2162.00 | 2180.13 | -0.22% | 1.23% | 60,198 ETH |
| During | 2180.13 | 2229.40 | 2157.31 | 2209.71 | 1.34% | 3.23% | 114,782 ETH |
| 12 Hours | |||||||
| Before | 2184.92 | 2197.70 | 2162.00 | 2184.80 | -0.01% | 1.62% | 94,663 ETH |
| During | 2184.80 | 2246.00 | 2157.31 | 2189.84 | 0.23% | 3.95% | 182,185 ETH |
