EVENT RESEARCH

Policy events,
measured after the fact.

Official policy, Treasury, and derivatives-liquidity events are timestamped, linked to primary sources, and matched with completed BTC-USD daily candles.

RESEARCH BOUNDARYAssociation, not causation

Returns overlap with every other market force. Market surprise is unavailable where no expectations source is stored.

DERIVATIVES & LIQUIDITY EVENTSQuarterly U.S. derivatives expirySeparate the futures roll from expiry and inspect BTC distributions →
RECENT MACRO CATALYSTS

The events worth inspecting first

Ranked by official significance, reaction completeness, and observed magnitude—not by Bitcoin return alone.

CURRENT READ · MIXED

4 recent catalysts have completed 1D and 7D Bitcoin reactions

MEDIUM confidence

The archive separates operational status from market-reaction availability. The broadest featured study has N = 44 independent events.

FOMC rate hold — 4.25% to 4.5%BTC was +5.11% seven days after the event.
FOMC rate hold — 5.25% to 5.5%BTC was +3.26% seven days after the event.
FOMC rate hold — 5.25% to 5.5%BTC was +5.30% seven days after the event.
Reliability and limitations
  • Returns overlap with other market forces and do not establish causation.
  • Market surprise is unavailable where an expectations source is not stored.
FED · HIGH IMPACT

FOMC rate hold — 4.25% to 4.5%

Rate decisions can change discount rates and financial conditions; the realized effect depends on market expectations.

BTC +1D
+1.80%
BTC +7D
+5.11%
FED · HIGH IMPACT

FOMC rate hold — 5.25% to 5.5%

Rate decisions can change discount rates and financial conditions; the realized effect depends on market expectations.

BTC +1D
+0.32%
BTC +7D
+3.26%
FED · HIGH IMPACT

FOMC rate hold — 5.25% to 5.5%

Rate decisions can change discount rates and financial conditions; the realized effect depends on market expectations.

BTC +1D
+3.74%
BTC +7D
+5.30%
FED · HIGH IMPACT

FOMC rate hold — 5.25% to 5.5%

Rate decisions can change discount rates and financial conditions; the realized effect depends on market expectations.

BTC +1D
-2.39%
BTC +7D
-3.15%
CONDITIONAL STUDIES

What happened after comparable events?

Featured figures use chronological non-overlapping samples. Low sample counts stay visibly low confidence.

VERY LOW confidence · N = 33 matched · 3 independent

Bitcoin after Fed rate cuts

Official FOMC statements classified as a lower target-range midpoint than the previous statement.

30D MEDIAN-2.63%0.0% positive
Read the study →
MEDIUM confidence · N = 2323 matched · 23 independent

Bitcoin after Fed rate holds

Official FOMC statements with an unchanged target-range midpoint.

30D MEDIAN+7.81%69.6% positive
Read the study →
LOW confidence · N = 1010 matched · 10 independent

Bitcoin after Fed rate hikes

Official FOMC statements classified as a higher target-range midpoint than the previous statement.

30D MEDIAN-4.09%30.0% positive
Read the study →
VERY LOW confidence · N = 34 matched · 3 independent

Bitcoin after Treasury buyback announcements

Official tentative Treasury buyback schedule announcements across all maturity buckets.

30D MEDIANAwaiting dataNo completed 30D sample
Read the study →
VERY LOW confidence · N = 11 matched · 1 independent

Bitcoin after long-duration Treasury buyback announcements

Tentative Treasury buybacks in buckets spanning ten years or longer.

30D MEDIANAwaiting dataNo completed 30D sample
Read the study →
MEDIUM confidence · N = 4454 matched · 44 independent

Quarterly US Derivatives Expiry — BTC Forward Returns

One observation per resolved quarterly U.S. equity-index derivatives expiry session; roll and expiry dates remain distinct.

30D MEDIAN+2.26%61.4% positive
Read the study →
COMPLETE EVENT ARCHIVE

Official event log

Page 2
Clear
DateAuthorityEventStatusBTC 1DBTC 7DConfidence
UST
Treasury buyback scheduled — Nominal Coupons 5Y to 7Y

Tentative Treasury debt-management operation. A buyback changes the maturity and liquidity profile of outstanding debt; it is not Federal Reserve quantitative easing.

Type
Treasury Buyback
Amount
$4.0B
Execution
Aug 25, 2026
Settlement
Aug 26, 2026
Open full record →
SETTLED+1.03%+1.07%HIGH confidence
UST
Treasury buyback scheduled — Nominal Coupons 3Y to 5Y

Tentative Treasury debt-management operation. A buyback changes the maturity and liquidity profile of outstanding debt; it is not Federal Reserve quantitative easing.

Type
Treasury Buyback
Amount
$4.0B
Execution
Aug 20, 2026
Settlement
Aug 21, 2026
Open full record →
SETTLED+12.88%+22.18%HIGH confidence
UST
Treasury buyback scheduled — Nominal Coupons 20Y to 30Y

Tentative Treasury debt-management operation. A buyback changes the maturity and liquidity profile of outstanding debt; it is not Federal Reserve quantitative easing.

Type
Treasury Buyback Long Duration
Amount
$2.0B
Execution
Aug 18, 2026
Settlement
Aug 19, 2026
Open full record →
SETTLED+2.94%+25.69%HIGH confidence
FED
FOMC rate hold — 3.5% to 3.75%

Federal Reserve target-range decision. Market-expectation data is not available from the official statement, so no surprise estimate is shown.

Type
Fed Rate Hold
Amount
0 bps
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED+1.37%+1.18%HIGH confidence
CME
Quarterly US Derivatives Expiry

Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.

Type
Quarterly Derivatives Expiry
Amount
Unavailable
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-1.51%-7.36%VERY LOW confidence
FED
FOMC rate cut — 3.5% to 3.75%

Federal Reserve target-range decision. Market-expectation data is not available from the official statement, so no surprise estimate is shown.

Type
Fed Rate Cut
Amount
-75 bps
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-4.17%-7.06%HIGH confidence
CME
Quarterly US Derivatives Expiry

Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.

Type
Quarterly Derivatives Expiry
Amount
Unavailable
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-1.44%-5.10%VERY LOW confidence
CME
Quarterly US Derivatives Expiry

Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.

Type
Quarterly Derivatives Expiry
Amount
Unavailable
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED+3.35%+2.15%VERY LOW confidence
CME
Quarterly US Derivatives Expiry

Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.

Type
Quarterly Derivatives Expiry
Amount
Unavailable
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-1.17%-6.34%VERY LOW confidence
FED
FOMC rate hold — 4.25% to 4.5%

Federal Reserve target-range decision. Market-expectation data is not available from the official statement, so no surprise estimate is shown.

Type
Fed Rate Hold
Amount
0 bps
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-1.84%-2.46%HIGH confidence
CME
Quarterly US Derivatives Expiry

Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.

Type
Quarterly Derivatives Expiry
Amount
Unavailable
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-2.40%+2.33%VERY LOW confidence
FED
FOMC rate hold — 4.25% to 4.5%

Federal Reserve target-range decision. Market-expectation data is not available from the official statement, so no surprise estimate is shown.

Type
Fed Rate Hold
Amount
0 bps
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED+0.08%+2.69%HIGH confidence
FED
FOMC rate hold — 4.25% to 4.5%

Federal Reserve target-range decision. Market-expectation data is not available from the official statement, so no surprise estimate is shown.

Type
Fed Rate Hold
Amount
0 bps
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED+6.62%+6.93%HIGH confidence
CME
Quarterly US Derivatives Expiry

Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.

Type
Quarterly Derivatives Expiry
Amount
Unavailable
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-0.39%+0.24%VERY LOW confidence
FED
FOMC rate hold — 4.25% to 4.5%

Federal Reserve target-range decision. Market-expectation data is not available from the official statement, so no surprise estimate is shown.

Type
Fed Rate Hold
Amount
0 bps
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED+1.80%+5.11%HIGH confidence
FED
FOMC rate cut — 4.25% to 4.5%

Federal Reserve target-range decision. Market-expectation data is not available from the official statement, so no surprise estimate is shown.

Type
Fed Rate Cut
Amount
-25 bps
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED+3.41%-4.59%HIGH confidence
CME
Quarterly US Derivatives Expiry

Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.

Type
Quarterly Derivatives Expiry
Amount
Unavailable
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-0.15%-3.29%VERY LOW confidence
FED
FOMC rate cut — 4.5% to 4.75%

Federal Reserve target-range decision. Market-expectation data is not available from the official statement, so no surprise estimate is shown.

Type
Fed Rate Cut
Amount
-75 bps
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-8.26%-6.40%HIGH confidence
CME
Quarterly US Derivatives Expiry

Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.

Type
Quarterly Derivatives Expiry
Amount
Unavailable
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED+0.64%+4.49%VERY LOW confidence
FED
FOMC rate hold — 5.25% to 5.5%

Federal Reserve target-range decision. Market-expectation data is not available from the official statement, so no surprise estimate is shown.

Type
Fed Rate Hold
Amount
0 bps
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-1.33%-16.66%HIGH confidence
CME
Quarterly US Derivatives Expiry

Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.

Type
Quarterly Derivatives Expiry
Amount
Unavailable
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-0.93%-6.98%VERY LOW confidence
FED
FOMC rate hold — 5.25% to 5.5%

Federal Reserve target-range decision. Market-expectation data is not available from the official statement, so no surprise estimate is shown.

Type
Fed Rate Hold
Amount
0 bps
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-0.86%-3.52%HIGH confidence
FED
FOMC rate hold — 5.25% to 5.5%

Federal Reserve target-range decision. Market-expectation data is not available from the official statement, so no surprise estimate is shown.

Type
Fed Rate Hold
Amount
0 bps
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-2.56%+0.90%HIGH confidence
FED
FOMC rate hold — 5.25% to 5.5%

Federal Reserve target-range decision. Market-expectation data is not available from the official statement, so no surprise estimate is shown.

Type
Fed Rate Hold
Amount
0 bps
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED+5.78%+12.16%HIGH confidence
CME
Quarterly US Derivatives Expiry

Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.

Type
Quarterly Derivatives Expiry
Amount
Unavailable
Execution
Not available
Settlement
Not available
Open full record →
COMPLETED-8.56%-10.58%VERY LOW confidence
Daily data limitation

1-hour and 4-hour reactions are not displayed because the research store currently contains canonical completed daily candles. Adding finer horizons requires a separately audited intraday dataset.