How Algorand (ALGO) reacts to macro news
ALGO moves 2.5× a normal hour after FOMC; 40% of releases give it a top-10% hour.
Algorand (ALGO) has data for 826 scheduled macro releases across 10 event types. The biggest typical +1h move (median size, either direction) came after US Consumer Price Index (CPI) (±1.32%, 1.8× a normal hour), the smallest after Bank of England rate decision (±0.49%, 1.0× a normal hour).
Next release that moves ALGO: Bank of England rate decision,
Data: Kraken. ALGO prices are Kraken spot ALGO/USD 5-minute and hourly candles from 1 Jan 2021 (when Kraken trading in ALGO became continuous). One exchange for the whole history, so no figures mix sources. Sources.
Every event, ranked by how much it moves ALGO
Ranked by the move multiple: the median move after a release vs a matched normal hour. "Top-10%" is how often a release gives a move bigger than 90% of normal ones (10% would be no different from normal). Impact is the event's site-wide rating (see methodology). Typical move sizes by window follow (median absolute move, either direction). Click a column to sort; click an event for every release.
| Event | × normal | Top-10% | Impact | +5m | +1h | +4h | +24h | % up +1h | ReleasesRel. |
|---|---|---|---|---|---|---|---|---|---|
| FOMC rate decision | 2.5× | 40% | High | 0.74% | 1.31% | 2.33% | 4.19% | 74% | 47 |
| US Consumer Price Index (CPI) | 1.8× | 29% | High | 0.82% | 1.32% | 2.26% | 2.29% | 59% | 69 |
| US Nonfarm Payrolls (NFP) | 1.4× | 22% | High | 0.49% | 0.73% | 1.46% | 2.71% | 54% | 69 |
| US Producer Price Index (PPI) | 1.1× | 10% | Medium | 0.39% | 0.81% | 1.53% | 3.16% | 54% | 69 |
| Bank of England rate decision | 1.0× | 15% | Low | 0.25% | 0.49% | 1.42% | 3.29% | 39% | 46 |
| US initial jobless claims | 1.0× | 8% | Medium | 0.25% | 0.53% | 1.47% | 3.01% | 46% | 297 |
| US PCE inflation (Personal Income and Outlays) | 1.0× | 15% | Medium | 0.39% | 0.69% | 1.65% | 2.56% | 44% | 68 |
| US GDP (advance estimate) | 1.0× | 4% | Medium | 0.28% | 0.77% | 0.82% | 2.27% | 42% | 24 |
| UK Consumer Price Index (CPI) | 0.9× | 6% | Low | 0.17% | 0.51% | 1.13% | 2.76% | 54% | 69 |
| US retail sales | 0.9× | 16% | Low | 0.27% | 0.71% | 1.67% | 2.74% | 66% | 68 |
Past releases, not a forecast. Typical sizes hide big differences between individual releases; open an event to see them all.
Recaps where ALGO moved most
Event recaps ranked by the size of ALGO's first-hour move. All event recaps →
- US CPI · 10 Nov 2022 +9.53%
- US CPI · 11 May 2022 -6.86%
- US CPI · 15 Jan 2025 +6.29%
- US CPI · 13 Sep 2022 -6.01%
- US CPI · 13 Jul 2022 -5.80%