Bitcoin -0.15% in 1h
Bitcoin moved $879.56 in the first hour after GDP (50% of a normal day). The first 5 minutes went up, then it reversed — -0.15% after an hour. From the release to the close: +0.47%.
GDP — Wednesday, 28 February 2024
GDP: Bitcoin moved $879.56 in the first hour — 50% of a normal day. Released 08:30 New York. GDP Growth Rate QoQ 2nd Est came in at 3.2 (forecast 3.3, previous 4.9).
| Market | 5 min | 15 min | 1 hour | First-hour range | Swept | To the close |
|---|---|---|---|---|---|---|
| Bitcoin | +0.26% | -0.13% | -0.15% | $879.56 · 50% | – | +0.47% |
| EURUSD | +0.03% | +0.05% | +0.14% | 24.5 pips · 41% | – | +0.23% |
| Ethereum | +0.30% | +0.10% | -0.05% | $43.55 · 38% | – | -0.47% |
| Oil | +0.06% | +0.19% | +0.78% | $0.73 · 37% | yesterday's high | -0.52% |
| US30 | +0.07% | +0.06% | -0.20% | 121 pts · 35% | – | -0.05% |
| USDJPY | -0.04% | +0.01% | +0.05% | 28.2 pips · 30% | – | +0.04% |
| Gold | +0.06% | +0.05% | +0.01% | $6 · 28% | – | +0.02% |
| GBPUSD | +0.04% | +0.05% | +0.10% | 19 pips · 25% | – | +0.17% |
| Silver | +0.38% | +0.25% | +0.16% | $0.12 · 23% | – | -0.02% |
| AUDUSD | +0.04% | -0.01% | +0.00% | 11 pips · 21% | – | -0.03% |
| NAS100 | +0.07% | +0.06% | -0.07% | 43.75 pts · 18% | – | -0.42% |
| S&P 500 | +0.06% | +0.07% | -0.02% | 9 pts · 18% | – | -0.07% |
Changes from the price at the release minute. First-hour range as a share of the market's average full day (20 days). CME futures via Databento; CFD prices differ slightly, the shape is the same.
Frequently asked questions
How did EURUSD react to GDP on 28 Feb 2024?
EURUSD moved 24.5 pips in the first hour after GDP (41% of a normal day). The first 5 minutes went up, and it was +0.14% after an hour. From the release to the close: +0.23%.
How did US30 react to GDP on 28 Feb 2024?
US30 moved 121 pts in the first hour after GDP (35% of a normal day). The first 5 minutes went up, then it reversed — -0.20% after an hour. From the release to the close: -0.05%.
How did Gold react to GDP on 28 Feb 2024?
Gold moved $6 in the first hour after GDP (28% of a normal day). The first 5 minutes went up, and it was +0.01% after an hour. From the release to the close: +0.02%.
How did NAS100 react to GDP on 28 Feb 2024?
NAS100 moved 43.75 pts in the first hour after GDP (18% of a normal day). The first 5 minutes went up, then it reversed — -0.07% after an hour. From the release to the close: -0.42%.
Which market moved most on GDP?
Bitcoin: $879.56 in the first hour, 50% of its normal day.
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