How Bitcoin Cash (BCH) reacts to macro news
BCH moves 1.3× a normal hour after US retail sales; 13% of releases give it a top-10% hour.
Bitcoin Cash (BCH) has data for 1,308 scheduled macro releases across 10 event types. The biggest typical +1h move (median size, either direction) came after US Consumer Price Index (CPI) (±0.72%, 1.2× a normal hour), the smallest after UK Consumer Price Index (CPI) (±0.43%, 1.0× a normal hour).
Next release that moves BCH: FOMC rate decision,
Data: Kraken. BCH prices are Kraken spot BCH/USD 5-minute and hourly candles from 1 Aug 2017 (when Kraken trading in BCH became continuous). One exchange for the whole history, so no figures mix sources. Kraken's outage from 11 to 13 Jan 2018 is left as a gap, so the releases in it have no figures. Sources.
Every event, ranked by how much it moves BCH
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 | n |
|---|---|---|---|---|---|---|---|---|---|
| US retail sales | 1.3× | 13% | Low | 0.20% | 0.45% | 1.09% | 2.17% | 50% | 107 |
| US Consumer Price Index (CPI) | 1.2× | 25% | High | 0.30% | 0.72% | 1.35% | 2.58% | 53% | 109 |
| US Nonfarm Payrolls (NFP) | 1.2× | 7% | High | 0.29% | 0.50% | 0.90% | 2.13% | 58% | 110 |
| FOMC rate decision | 1.1× | 32% | High | 0.43% | 0.54% | 1.48% | 3.42% | 57% | 72 |
| Bank of England rate decision | 1.1× | 12% | Low | 0.13% | 0.49% | 1.15% | 2.57% | 45% | 74 |
| US Producer Price Index (PPI) | 1.0× | 15% | Medium | 0.20% | 0.48% | 0.91% | 2.43% | 58% | 109 |
| US GDP (advance estimate) | 1.0× | 3% | Medium | 0.11% | 0.51% | 0.97% | 2.25% | 36% | 36 |
| US initial jobless claims | 1.0× | 11% | Medium | 0.19% | 0.47% | 1.13% | 2.74% | 50% | 474 |
| UK Consumer Price Index (CPI) | 1.0× | 9% | Low | 0.08% | 0.43% | 0.88% | 2.51% | 53% | 110 |
| US PCE inflation (Personal Income and Outlays) | 1.0× | 9% | Medium | 0.27% | 0.59% | 1.26% | 2.15% | 36% | 107 |
Past releases, not a forecast. Typical sizes hide big differences between individual releases; open an event to see them all.
Recaps where BCH moved most
Event recaps ranked by the size of BCH's first-hour move. All event recaps →
- FOMC · 15 Mar 2020 +13.57%
- US CPI · 14 Jan 2020 +7.82%
- US CPI · 13 Sep 2022 -7.53%
- FOMC · 23 Mar 2020 +7.45%
- US CPI · 15 May 2024 +6.00%