Macro event research
MACRO EVENT STUDY

Bitcoin after Fed rate holds

Official FOMC statements with an unchanged target-range midpoint.

Events23
Independent sample23
ConfidenceMEDIUM
BTC-USD · COMPLETED DAILY CANDLES

Forward-return distribution

HorizonNMedianMeanWin rate25th–75thMAEMFE
1D23+0.32%+0.63%56.5%-1.68% to +1.62%-1.74%+1.72%
3D23+1.39%+0.50%60.9%-2.33% to +4.13%-3.43%+3.87%
5D23+1.16%+0.09%56.5%-1.84% to +3.99%-4.53%+4.74%
7D23+1.97%+1.38%69.6%-1.31% to +4.78%-4.90%+6.27%
14D23+4.61%+6.53%65.2%-2.30% to +14.35%-5.11%+8.21%
30D23+7.81%+6.93%69.6%-9.38% to +14.91%-6.13%+15.66%
90D11+11.70%+18.95%72.7%+4.40% to +47.02%-8.02%+22.88%
METHODOLOGY

How to read this result

Returns use completed Coinbase BTC-USD daily candles. The base is the last close completed before the event timestamp. Each horizon uses a chronological non-overlapping sample; fees, slippage, intraday reactions, and causal claims are excluded.

Research integrity

These observations describe association after selected events. They are not a causal estimate, trading recommendation, or promise of a similar future outcome.

Open JSON data