Macro Rumble

How Avalanche (AVAX) reacts to macro news

AVAX moves 3.4× a normal hour after US CPI; 51% of releases give it a top-10% hour.

57 releases since 2022 · 2022+ only, misses earlier cycles · median move vs matched normal hours

Avalanche (AVAX) has data for 682 scheduled macro releases across 10 event types. The biggest typical +1h move (median size, either direction) came after US Consumer Price Index (CPI) (±1.65%, 3.4× a normal hour), the smallest after Bank of England rate decision (±0.41%, 1.0× a normal hour).

Next release that moves AVAX: Bank of England rate decision,

Data: Kraken. AVAX prices are Kraken spot AVAX/USD 5-minute and hourly candles from 1 Jan 2022 (when Kraken trading in AVAX became continuous). One exchange for the whole history, so no figures mix sources. Sources.

How much bigger the AVAX move is after each event than in a normal hour (median vs matched quiet hours; 1× = no different). Faded bars are not clearly above noise. Tap a bar for every release.

Every event, ranked by how much it moves AVAX

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× normalTop-10%Impact+5m+1h+4h+24h% up +1hReleasesRel.
US Consumer Price Index (CPI)3.4×51%High1.03%1.65%2.37%3.00%60%57
FOMC rate decision2.9×38%High0.76%1.31%2.12%5.12%67%39
US Nonfarm Payrolls (NFP)2.0×21%High0.61%0.83%1.31%2.78%46%57
US GDP (advance estimate)1.5×25%Medium0.25%0.84%0.87%1.67%35%20
US Producer Price Index (PPI)1.3×16%Medium0.41%0.63%1.88%3.10%53%57
US retail sales1.2×14%Low0.23%0.55%1.23%2.98%62%56
UK Consumer Price Index (CPI)1.2×12%Low0.16%0.51%0.89%2.77%47%57
US PCE inflation (Personal Income and Outlays)1.2×18%Medium0.38%0.56%1.51%2.10%48%56
US initial jobless claims1.1×12%Medium0.23%0.55%1.26%2.96%49%245
Bank of England rate decision1.0×13%Low0.24%0.41%1.46%3.15%42%38

Past releases, not a forecast. Typical sizes hide big differences between individual releases; open an event to see them all.

Backtest AVAX rules →AVAX seasonality →

Recaps where AVAX moved most

Event recaps ranked by the size of AVAX's first-hour move. All event recaps →

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