Data Analysis
Measured by Clometrix
Bitcoin's volatility ratio was 10.11x, against 4.28x for a typical CPI release since 2021. Its volume ratio was 21.12x, against a typical 6.92x. That is more than twice what this release usually does. 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.
How Bitcoin moved
Bitcoin was at $77,094.01 when the figure came out. Fifteen minutes later it was 0.64% higher, and an hour later 0.56% higher. Its high-to-low range in the hour after was 2.73% of its price, against 0.8% in the hour before.
The release
Released by the Bureau of Labor Statistics on 11 September 2026 at 8:30 AM EDT. The Consumer Price Index came in at 0.4% for August 2026, against 0.1% in July 2026. Consumer prices are rising faster 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.
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 came out 5 days before the Federal Reserve's 16 September rate decision. Its own ratio of 10.11x compares with 4.75x for those, so it moved the price more than its circumstances alone would suggest.
Its record
Across 70 CPI releases since 2021, Bitcoin's median volatility ratio is 4.28x.
What it means
Bitcoin's reaction to the August 2026 CPI release stood out as exceptional against the event's established record. The volatility ratio reached 10.11x, more than double the 4.28x median observed across 70 CPI prints since 2021. Volume expanded to 21.12x, well above the 6.92x typical level, confirming that the quarter-hour window around the 8:30 AM print produced unusually intense trading activity.
The release arrived five days before the Federal Reserve's September policy decision, a period when CPI has historically generated larger Bitcoin moves. Pre-decision releases since 2021 carried a median volatility ratio of 4.75x. This instance exceeded that benchmark as well, indicating that timing alone does not explain the full scale of the response. The print coincided with Core CPI and Core Inflation Rate data, so the measured reaction reflects the combined impact of the three figures.
Price action showed an immediate 0.64 percent gain in the first fifteen minutes, followed by a contained 0.56 percent advance at the one-hour mark. The hourly high-to-low range widened to 2.73 percent from 0.8 percent beforehand. For traders, the episode underscores that releases falling close to scheduled Fed meetings can produce outsized volatility even when the headline figure aligns with recent patterns, though the record offers no fixed template for subsequent events.
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
76,848.85Close
77,279.9124h Change
431.06 (0.56%)24h High
79,890.0024h Low
76,046.5824h Volume
19,560 BTCUS Consumer Price Index
Bureau of Labor Statistics
11th September, 2026, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 76982.89 | 77417.15 | 76954.64 | 77095.12 | 0.15% | 0.60% | 167 BTC |
| During | 77094.01 | 77188.01 | 76046.58 | 76436.78 | -0.86% | 1.48% | 929 BTC |
| 5 Minutes | |||||||
| Before | 76962.55 | 77417.15 | 76936.00 | 77095.12 | 0.17% | 0.62% | 210 BTC |
| During | 77094.01 | 77272.26 | 76046.58 | 77147.90 | 0.07% | 1.59% | 1,451 BTC |
| 10 Minutes | |||||||
| Before | 76958.54 | 77417.15 | 76936.00 | 77095.12 | 0.18% | 0.62% | 255 BTC |
| During | 77094.01 | 77682.95 | 76046.58 | 77632.78 | 0.69% | 2.11% | 1,974 BTC |
| 15 Minutes | |||||||
| Before | 76924.46 | 77417.15 | 76906.00 | 77095.12 | 0.22% | 0.66% | 309 BTC |
| During | 77094.01 | 77700.48 | 76046.58 | 77590.01 | 0.64% | 2.13% | 2,245 BTC |
| 30 Minutes | |||||||
| Before | 77036.12 | 77417.15 | 76900.96 | 77095.12 | 0.08% | 0.67% | 455 BTC |
| During | 77094.01 | 78148.74 | 76046.58 | 78032.99 | 1.20% | 2.69% | 3,077 BTC |
| 1 Hour | |||||||
| Before | 76850.66 | 77417.15 | 76800.00 | 77095.12 | 0.32% | 0.80% | 621 BTC |
| During | 77094.01 | 78148.74 | 76046.58 | 77526.01 | 0.56% | 2.69% | 3,839 BTC |
| 2 Hours | |||||||
| Before | 77041.74 | 77417.15 | 76746.95 | 77095.12 | 0.07% | 0.87% | 1,079 BTC |
| During | 77094.01 | 79890.00 | 76046.58 | 79048.00 | 2.47% | 4.81% | 6,914 BTC |
| 4 Hours | |||||||
| Before | 77384.92 | 77500.00 | 76746.95 | 77095.12 | -0.38% | 0.97% | 1,972 BTC |
| During | 77094.01 | 79890.00 | 76046.58 | 77668.61 | 0.74% | 4.81% | 9,570 BTC |
| 6 Hours | |||||||
| Before | 77276.00 | 77500.00 | 76746.95 | 77095.12 | -0.23% | 0.97% | 2,678 BTC |
| During | 77094.01 | 79890.00 | 76046.58 | 77212.00 | 0.15% | 4.81% | 11,100 BTC |
| 8 Hours | |||||||
| Before | 76848.85 | 77465.46 | 76670.57 | 77384.92 | 0.69% | 1.03% | 3,445 BTC |
| During | 77384.92 | 79890.00 | 76046.58 | 77668.61 | 0.37% | 4.81% | 11,542 BTC |
| 12 Hours | |||||||
| Before | 76848.85 | 77500.00 | 76670.57 | 77095.12 | 0.32% | 1.07% | 5,417 BTC |
| During | 77094.01 | 79890.00 | 76046.58 | 77279.91 | 0.24% | 4.81% | 14,143 BTC |
