How Bitcoin reacted to the Personal Consumption Expenditures on 25 June 2026

The short answer

A strong reaction. In the 15 minutes after the figure came out, Bitcoin's price swung 3.57 times as much as in a normal 15 minutes that day. For a PCE release, 2.09 times is usual. An hour later the price was 0.23% higher.

3.57x

Strong

Trading (volume ratio)
3.64x
usual for PCE: 2.55x
Price at 8:30 AM
$61,098.29
15 minutes later
+0.46%
One hour later
+0.23%
range 1.09%, hour before 0.51%
BTC/USDT, 5 minutes candles around the release, 8:30 AM America/New York

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

Open
60,920.95
Close
59,771.99
24h change
-1.92%
24h high
61,962.40
24h low
58,115.01
24h volume
30,580 BTC

Measured by Clometrix

Bitcoin's volatility ratio was 3.57x, against 2.09x for a typical PCE release since 2021. Its volume ratio was 3.64x, against a typical 2.55x. That is a strong 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.

How Bitcoin moved

Bitcoin was at $61,098.29 when the figure came out. Fifteen minutes later it was 0.46% higher, and an hour later 0.23% higher. Its high-to-low range in the hour after was 1.09% of its price, against 0.51% in the hour before.

The release

Released by the Bureau of Economic Analysis on 25 June 2026 at 8:30 AM EDT. The Personal Consumption Expenditures came in at 0.4% for May 2026, against 0.4% in April 2026. Prices are rising at the same pace as before.

It arrived at the same moment as Durable Goods Orders, Durable Goods Orders Excluding Transportation, 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.

What made it matter

Since 2021, PCE releases in the two weeks before a Fed decision have moved Bitcoin more than those at other times: a median volatility ratio of 2.13x across 18, against 1.81x across 51. This one was not within two weeks of a Fed decision. Its own ratio of 3.57x compares with 1.81x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 69 PCE releases since 2021, Bitcoin's median volatility ratio is 2.09x.

What it means

Bitcoin registered a strong reaction to the 25 June 2026 PCE release. Volatility reached 3.57 times the normal quarter-hour range, more than the 2.09x median recorded across 69 PCE prints since 2021. Volume expanded 3.64x against the 2.55x benchmark. The price stood at $61,098.29 at the print, climbed 0.46 percent within fifteen minutes, and finished 0.23 percent higher after one hour while the hourly range widened to 1.09 percent from 0.51 percent beforehand.

This event fell 33 days before the next Federal Reserve decision, placing it outside the two-week window that has historically produced larger Bitcoin moves.

Even so, the 3.57x volatility ratio surpassed the 2.13x median seen in pre-Fed PCE releases and the 1.81x median recorded at other times. The outcome illustrates that proximity to policy meetings is not required for an outsized reaction. Traders observing future PCE prints may therefore weigh the full accompanying data flow rather than calendar position alone when assessing potential volatility.

How it compares

Across 69 PCE releases since 2021, Bitcoin's usual price swing is 2.09x. This one was 1.71 times the usual.

MutedOrdinaryStrongExceptional

Thin line: PCE's usual, 2.09x. Thick line: this release, 3.57x.

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 61761.35 61098.29 61506.00 0.66% 1.07% 0.03% 357 BTC
5 minutes 61761.35 61098.29 61380.01 0.46% 1.07% 0.31% 472 BTC
10 minutes 61761.35 61098.29 61419.99 0.52% 1.07% 0.31% 564 BTC
15 minutes 61761.35 61098.29 61382.34 0.46% 1.07% 0.31% 640 BTC
30 minutes 61761.35 61098.29 61244.01 0.24% 1.07% 0.48% 858 BTC
1 hour 61761.35 61098.29 61240.01 0.23% 1.07% 0.50% 1,184 BTC
2 hours 61761.35 58115.01 59329.16 -2.98% 5.90% 0.86% 10,976 BTC
4 hours 61761.35 58115.01 59742.98 -2.27% 5.90% 1.19% 16,753 BTC
6 hours 61761.35 58115.01 59718.02 -2.31% 5.90% 1.45% 19,133 BTC
8 hours 61804.45 58115.01 59742.98 -3.41% 5.97% 2.06% 18,820 BTC
12 hours 61761.35 58115.01 59771.99 -2.22% 5.90% 2.06% 22,893 BTC

Every coin at this release

Coin Price swing Usual for PCE Reaction
Bitcoin 3.57x 2.06x Strong
Ethereum 3.66x 1.79x Exceptional
XRP 1.01x 1.70x Quiet
BNB 3.16x 1.78x Strong
Solana 3.15x 1.58x Strong
Dogecoin 3.32x 1.51x Exceptional
TRON 1.75x 1.42x Ordinary
Cardano 3.16x 1.88x Strong
Chainlink 3.69x 1.61x Exceptional
Sui 3.44x 1.52x Exceptional
Bitcoin Cash 2.38x 1.67x Strong
Hedera 3.30x 1.48x Exceptional
Avalanche 3.19x 1.55x Exceptional
Litecoin 3.24x 1.64x Strong
Gram 0.99x 1.29x Quiet
Shiba Inu 2.93x 1.74x Strong
Uniswap 2.01x 1.48x Strong
Polkadot 3.27x 1.49x Exceptional
Aave 1.57x 1.57x Ordinary
Bittensor 3.14x 1.68x Strong
NEAR Protocol 2.94x 1.37x Exceptional
Aptos 3.49x 1.70x Exceptional
Internet Computer 3.91x 1.50x Exceptional
POL (prev. MATIC) 2.79x 1.56x Strong
Filecoin 3.20x 1.50x Exceptional

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 Bitcoin

Questions about this page

Is 3.57x a lot?

For a PCE release it is strong: the usual is 2.09x. Each report has its own usual size, and its releases show it.

Will the next PCE do the same?

Nobody can say. A forecast shows the range Bitcoin 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.