Data Analysis
The release
Released by the Bureau of Labor Statistics on 12 May 2026 at 8:30 AM EDT. The Consumer Price Index came in at 0.6% for April 2026, against 0.9% in March 2026. Consumer prices are still rising, but more slowly than before.
It arrived at the same moment as Core Consumer Price Index and Core Inflation Rate, so the reaction measured on this page belongs to all of them together.
How Bitcoin moved
Bitcoin was at $80,820.38 when the figure came out. Fifteen minutes later it was unchanged, and an hour later 0.2% lower. Its high-to-low range in the hour after was 0.47% of its price, against 0.27% in the hour before.
Measured by Clometrix
Bitcoin's volatility ratio was 2.72x, against 4.28x for a typical CPI release since 2021. Its volume ratio was 2.49x, against a typical 6.92x. That is a muted reaction by this release's own standard. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.
What made it matter
Since 2021, CPI releases in the two weeks before a Fed decision have moved Bitcoin more than those at other times: a median volatility ratio of 4.75x across 28, against 3.99x across 42. This one was not within two weeks of a Fed decision. Its own ratio of 2.72x compares with 3.99x for those, so it moved the price less than its circumstances would suggest.
Its record
Across 70 CPI releases since 2021, Bitcoin's median volatility ratio is 4.28x.
What it means
Bitcoin showed little movement after the April CPI release. The price stood at $80,820.38 at the moment of publication and remained unchanged fifteen minutes later. An hour afterward it had eased 0.2 percent, with the hourly range expanding only to 0.47 percent from 0.27 percent beforehand.
Clometrix recorded a volatility ratio of 2.72x and a volume ratio of 2.49x for Bitcoin in the quarter hour surrounding the data. Both fell well below the medians observed across CPI releases since 2021, which stand at 4.28x for volatility and 6.92x for volume. The reaction therefore qualifies as muted relative to the event's established pattern.
This release arrived 35 days before the next Federal Reserve decision, outside the window in which CPI prints have historically produced larger Bitcoin moves. Even against the 3.99x median volatility ratio for releases not near policy meetings, the observed 2.72x reading remained subdued.
Traders monitoring upcoming CPI prints may note that reactions can vary with proximity to Federal Reserve meetings, though this instance illustrates that timing alone does not guarantee elevated volatility.
About Consumer Price Index
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).
Disclaimer
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.
BTC-USDT
Bitcoin
Open
81,566.11Close
80,654.4424h Change
-911.67 (-1.13%)24h High
81,655.9024h Low
79,843.5924h Volume
12,287 BTCUS Consumer Price Index
Bureau of Labor Statistics
12th May, 2026, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 80819.25 | 80825.05 | 80806.29 | 80820.38 | 0.00% | 0.02% | 12 BTC |
| During | 80820.38 | 80898.70 | 80650.00 | 80684.01 | -0.17% | 0.31% | 87 BTC |
| 5 Minutes | |||||||
| Before | 80818.37 | 80825.05 | 80744.69 | 80820.38 | 0.00% | 0.10% | 46 BTC |
| During | 80820.38 | 80898.70 | 80619.19 | 80773.14 | -0.06% | 0.35% | 162 BTC |
| 10 Minutes | |||||||
| Before | 80836.61 | 80857.56 | 80744.69 | 80820.38 | -0.02% | 0.14% | 66 BTC |
| During | 80820.38 | 80999.00 | 80619.19 | 80984.52 | 0.20% | 0.47% | 209 BTC |
| 15 Minutes | |||||||
| Before | 80832.25 | 80857.56 | 80744.69 | 80820.38 | -0.01% | 0.14% | 105 BTC |
| During | 80820.38 | 80999.00 | 80619.19 | 80860.00 | 0.05% | 0.47% | 257 BTC |
| 30 Minutes | |||||||
| Before | 80784.86 | 80857.56 | 80700.00 | 80820.38 | 0.04% | 0.19% | 225 BTC |
| During | 80820.38 | 80999.00 | 80619.19 | 80881.26 | 0.08% | 0.47% | 361 BTC |
| 1 Hour | |||||||
| Before | 80635.79 | 80857.56 | 80635.78 | 80820.38 | 0.23% | 0.27% | 420 BTC |
| During | 80820.38 | 80999.00 | 80619.19 | 80661.67 | -0.20% | 0.47% | 592 BTC |
| 2 Hours | |||||||
| Before | 80724.15 | 80857.56 | 80496.57 | 80820.38 | 0.12% | 0.45% | 991 BTC |
| During | 80820.38 | 80999.00 | 80397.07 | 80648.61 | -0.21% | 0.74% | 1,559 BTC |
| 4 Hours | |||||||
| Before | 80871.66 | 80964.13 | 80496.57 | 80820.38 | -0.06% | 0.58% | 1,899 BTC |
| During | 80820.38 | 80999.00 | 80158.32 | 80290.00 | -0.66% | 1.04% | 3,884 BTC |
| 6 Hours | |||||||
| Before | 81217.29 | 81221.55 | 80496.57 | 80820.38 | -0.49% | 0.89% | 3,061 BTC |
| During | 80820.38 | 80999.00 | 79843.59 | 80500.00 | -0.40% | 1.43% | 5,154 BTC |
| 8 Hours | |||||||
| Before | 81566.11 | 81655.90 | 80714.28 | 80871.65 | -0.86% | 1.15% | 3,701 BTC |
| During | 80871.66 | 80999.00 | 80158.32 | 80290.00 | -0.72% | 1.04% | 5,783 BTC |
| 12 Hours | |||||||
| Before | 81566.11 | 81655.90 | 80496.57 | 80820.38 | -0.92% | 1.42% | 5,601 BTC |
| During | 80820.38 | 80999.00 | 79843.59 | 80654.44 | -0.21% | 1.43% | 6,686 BTC |
