The data released by Bureau of Labor Statistics for Consumer Price Index on 15th January, 2025 has come in at an increase to 0.0% for December 2024. Compared to the previous release for November 2024 at -0.1%, we can see that prices & inflation has stopped decreasing month over month.
To see the impact and volatility of SHIB's price during the CPI release, we will first observe the difference in volume and price changes on the 4-hours chart, followed by the 15-minutes chart. Change in prices will be be determined by the high and low prices instead of the opening and closing prices.
In the period prior to the release, the trading volume was 422.221B SHIB with prices swinging between 0.000021 and 0.000021, representing a swing of 2.06%. Subsequently, the trading volume increased significantly by 282% to 1.614T SHIB. Price action ranged from a low of 0.000021 to a high of 0.000022, a significant difference of 5.08%
Analysing on a lower time frame to get a more accurate picture, 30.535B SHIB in trading volume was observed prior to the data release. Prices ranged between a low of 0.000021 to a high of 0.000021, a 0.98% change. Immediately following, trading volume remain relatively similar at 474.751B SHIB. At this time, Shiba Inu hit a low of 0.000021 with a high of 0.000022, a significant change of 2.56%.
The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending. The CPI is one of the most popular measures of inflation and deflation. The index is published monthly by the U.S. Bureau of Labor Statistics (BLS).
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.
Shiba Inu
Open
0.000022Close
0.00002224h Change
0.00000061 (2.73%)24h High
0.00002324h Low
0.00002124h Volume
4.215T SHIBUS Consumer Price Index
Bureau of Labor Statistics
15th January, 2025, 8:30AM Timezone: America/New York
Chart Data from Binance
Time | Open | High | Low | Close | Change | Amplitude | Volume |
---|---|---|---|---|---|---|---|
1 Minute | |||||||
Before | 0.00002129 | 0.00002133 | 0.00002128 | 0.00002129 | 0.00% | 0.23% | 2.677B SHIB |
During | 0.00002129 | 0.0000217 | 0.00002129 | 0.00002164 | 1.62% | 1.89% | 87.803B SHIB |
5 Minutes | |||||||
Before | 0.00002122 | 0.00002133 | 0.00002122 | 0.00002129 | 0.33% | 0.52% | 17.846B SHIB |
During | 0.00002129 | 0.00002185 | 0.00002129 | 0.00002176 | 2.16% | 2.56% | 247.39B SHIB |
10 Minutes | |||||||
Before | 0.00002118 | 0.00002133 | 0.00002117 | 0.00002129 | 0.52% | 0.75% | 24.644B SHIB |
During | 0.00002129 | 0.00002185 | 0.00002129 | 0.00002177 | 2.20% | 2.56% | 400.93B SHIB |
15 Minutes | |||||||
Before | 0.00002117 | 0.00002133 | 0.00002112 | 0.00002129 | 0.56% | 0.98% | 30.535B SHIB |
During | 0.00002129 | 0.00002185 | 0.00002129 | 0.00002179 | 2.29% | 2.56% | 474.751B SHIB |
30 Minutes | |||||||
Before | 0.00002107 | 0.00002133 | 0.00002107 | 0.00002129 | 1.03% | 1.22% | 68.881B SHIB |
During | 0.00002129 | 0.00002195 | 0.00002129 | 0.00002195 | 3.01% | 3.01% | 593.181B SHIB |
1 Hour | |||||||
Before | 0.00002099 | 0.00002133 | 0.00002099 | 0.00002129 | 1.41% | 1.59% | 97.459B SHIB |
During | 0.00002129 | 0.00002209 | 0.00002129 | 0.00002188 | 2.70% | 3.62% | 814.431B SHIB |
2 Hours | |||||||
Before | 0.00002099 | 0.00002133 | 0.00002093 | 0.00002129 | 1.41% | 1.88% | 172.89B SHIB |
During | 0.00002129 | 0.00002236 | 0.00002129 | 0.00002236 | 4.79% | 4.79% | 1.15T SHIB |
4 Hours | |||||||
Before | 0.00002132 | 0.00002137 | 0.00002093 | 0.00002129 | -0.14% | 2.06% | 422.221B SHIB |
During | 0.00002129 | 0.00002243 | 0.00002129 | 0.00002198 | 3.14% | 5.08% | 1.614T SHIB |
6 Hours | |||||||
Before | 0.00002161 | 0.00002163 | 0.00002093 | 0.00002129 | -1.50% | 3.24% | 562.05B SHIB |
During | 0.00002129 | 0.00002243 | 0.00002129 | 0.00002214 | 3.84% | 5.08% | 1.927T SHIB |
8 Hours | |||||||
Before | 0.00002174 | 0.00002191 | 0.00002131 | 0.00002132 | -1.97% | 2.74% | 878.649B SHIB |
During | 0.00002132 | 0.00002243 | 0.00002093 | 0.00002198 | 3.00% | 6.69% | 2.037T SHIB |
12 Hours | |||||||
Before | 0.00002174 | 0.00002191 | 0.00002093 | 0.00002129 | -2.11% | 4.47% | 1.301T SHIB |
During | 0.00002129 | 0.00002285 | 0.00002129 | 0.00002235 | 4.74% | 6.83% | 2.915T SHIB |