How Internet Computer reacted to the Personal Consumption Expenditures on 9 April 2026

The short answer

Hardly a reaction. In the 15 minutes after the figure came out, Internet Computer's price swung 0.98 times as much as in a normal 15 minutes that day. For a PCE release, 1.50 times is usual. An hour later the price was unchanged.

0.98x

Quiet

Trading (volume ratio)
0.54x
usual for PCE: 1.95x
Price at 8:30 AM
$2.490
15 minutes later
0.00%
One hour later
0.00%
range 1.20%, hour before 0.80%
ICP/USDT, 1 hour candles around the release, 8:30 AM America/New York

The dashed orange line is the release. Chart data from Binance.

Open
2.420
Close
2.540
24h change
4.72%
24h high
2.580
24h low
2.400
24h volume
2.377M ICP

The release

Released by the Bureau of Economic Analysis on 9 April 2026 at 8:30 AM EDT. The Personal Consumption Expenditures came in at 0.4% for February 2026, against 0.3% in January 2026. Prices are rising faster than before.

It arrived at the same moment as Personal Income and Outlays, Core Personal Consumption Expenditures, Initial Jobless Claims, Continued Jobless Claims and Gross Domestic Product Report, so the reaction measured on this page belongs to all of them together.

Measured by Clometrix

Internet Computer's volatility ratio was 0.98x, against 1.50x for a typical PCE release since 2021. Its volume ratio was 0.54x, against a typical 1.95x. Under 1.5x is not a reaction at all: the market barely noticed this release. 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 Internet Computer moved

Internet Computer was at $2.490 when the figure came out. Fifteen minutes later it was unchanged, and an hour later unchanged. Its high-to-low range in the hour after was 1.2% of its price, against 0.8% in the hour before.

What made it matter

Since 2021, PCE releases in the two weeks before a Fed decision have moved Internet Computer less than those at other times: a median volatility ratio of 1.38x across 18, against 1.71x across 48. This one was not within two weeks of a Fed decision. Its own ratio of 0.98x compares with 1.71x for those, so it moved the price less than its circumstances would suggest.

How it compares

Across 65 PCE releases since 2021, Internet Computer's usual price swing is 1.50x. This one was 0.65 times the usual.

MutedOrdinaryStrongExceptional

Thin line: PCE's usual, 1.50x. Thick line: this release, 0.98x. Under 1.5x counts as no reaction at all.

Minute by minute

Each row is the time after the release, with the same length of time before it for comparison.

After High Low Close Change Range Range before Volume
1 minute 2.49 2.49 2.49 0.00% 0.00% 0.00% 117 ICP
5 minutes 2.49 2.49 2.49 0.00% 0.00% 0.40% 2,583 ICP
10 minutes 2.49 2.48 2.49 0.00% 0.40% 0.40% 6,365 ICP
15 minutes 2.49 2.48 2.49 0.00% 0.40% 0.80% 9,789 ICP
30 minutes 2.50 2.48 2.50 0.40% 0.80% 0.80% 17,781 ICP
1 hour 2.51 2.48 2.49 0.00% 1.20% 0.80% 43,095 ICP
2 hours 2.51 2.47 2.48 -0.40% 1.59% 1.19% 125,387 ICP
4 hours 2.55 2.47 2.53 1.58% 3.14% 1.98% 329,681 ICP
6 hours 2.55 2.47 2.53 1.58% 3.14% 1.98% 566,058 ICP
8 hours 2.55 2.47 2.53 1.98% 3.14% 4.38% 596,205 ICP
12 hours 2.58 2.47 2.54 1.97% 4.26% 4.76% 1.086M ICP

Every coin at this release

Coin Price swing Usual for PCE Reaction
Bitcoin 0.84x 2.03x Quiet
Ethereum 1.00x 1.77x Quiet
XRP 0.00x 1.81x Quiet
BNB 1.28x 1.75x Quiet
Solana 1.45x 1.57x Quiet
Dogecoin 1.19x 1.52x Quiet
TRON 3.33x 1.43x Exceptional
Cardano 1.50x 1.90x Ordinary
Chainlink 1.02x 1.62x Quiet
Sui 1.05x 1.53x Quiet
Bitcoin Cash 1.09x 1.69x Quiet
Hedera 0.93x 1.51x Quiet
Avalanche 1.23x 1.55x Quiet
Litecoin 1.52x 1.64x Ordinary
Gram 0.00x 1.32x Quiet
Shiba Inu 0.68x 1.75x Quiet
Uniswap 1.00x 1.49x Quiet
Polkadot 1.03x 1.50x Quiet
Aave 0.94x 1.58x Quiet
Bittensor 0.85x 1.68x Quiet
NEAR Protocol 1.02x 1.43x Quiet
Aptos 1.29x 1.73x Quiet
Internet Computer 0.98x 1.50x Quiet
POL (prev. MATIC) 1.25x 1.60x Quiet
Filecoin 1.29x 1.51x Quiet

What is the Personal Consumption Expenditures?

Personal consumption expenditures (PCE) is a measure of the prices people in the United States pay for goods and services. PCE accounts for about two-thirds of domestic spending and is a significant driver of gross domestic product (GDP). An estimated total of personal consumption expenditures (PCE) is compiled by the Bureau of Economic Analysis as one way to measure and track changes in the prices of consumer goods over time.

Every PCE release for Internet Computer

Questions about this page

Is 0.98x a lot?

No. Under 1.5x the market barely noticed the release.

Will the next PCE do the same?

Nobody can say. A forecast shows the range Internet Computer moved in after past PCE releases, so you can plan for the likely size of the move.

More questions ยท Glossary

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.