How Internet Computer reacted to the Personal Consumption Expenditures on 29 August 2025

The short answer

An exceptional reaction. In the 15 minutes after the figure came out, Internet Computer's price swung 4.92 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 0.41% higher.

4.92x

Exceptional

Trading (volume ratio)
10.86x
usual for PCE: 1.95x
Price at 8:30 AM
$4.930
15 minutes later
+0.41%
One hour later
+0.41%
range 2.03%, hour before 0.61%
ICP/USDT, 15 minutes candles around the release, 8:30 AM America/New York

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

Open
5.140
Close
4.890
24h change
-5.11%
24h high
5.140
24h low
4.820
24h volume
2.284M ICP

Measured by Clometrix

Internet Computer's volatility ratio was 4.92x, against 1.50x for a typical PCE release since 2021. Its volume ratio was 10.86x, against a typical 1.95x. 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 Internet Computer moved

Internet Computer was at $4.930 when the figure came out. Fifteen minutes later it was 0.41% higher, and an hour later 0.41% higher. Its high-to-low range in the hour after was 2.03% of its price, against 0.61% in the hour before.

The release

Released by the Bureau of Economic Analysis on 29 August 2025 at 8:30 AM EDT. The Personal Consumption Expenditures came in at 0.2% for July 2025, against 0.3% in June 2025. Prices are still rising, but more slowly than before.

It arrived at the same moment as Personal Income and Outlays and Core Personal Consumption Expenditures, 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 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 4.92x compares with 1.71x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 66 PCE releases since 2021, Internet Computer's median volatility ratio is 1.50x.

How it compares

Across 65 PCE releases since 2021, Internet Computer's usual price swing is 1.50x. This one was 3.28 times the usual.

MutedOrdinaryStrongExceptional

Thin line: PCE's usual, 1.50x. Thick line: this release, 4.92x.

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 5.01 4.93 5.01 1.60% 1.60% 0.20% 39,896 ICP
5 minutes 5.03 4.93 4.97 0.80% 1.99% 0.41% 134,899 ICP
10 minutes 5.03 4.93 4.97 0.80% 1.99% 0.41% 167,144 ICP
15 minutes 5.03 4.93 4.95 0.40% 1.99% 0.41% 186,950 ICP
30 minutes 5.03 4.93 4.96 0.60% 1.99% 0.61% 216,598 ICP
1 hour 5.03 4.93 4.95 0.40% 1.99% 0.61% 247,502 ICP
2 hours 5.03 4.85 4.91 -0.41% 3.58% 0.81% 632,754 ICP
4 hours 5.03 4.84 4.89 -0.82% 3.78% 1.42% 790,142 ICP
6 hours 5.03 4.82 4.83 -2.07% 4.17% 3.18% 933,293 ICP
8 hours 5.03 4.84 4.89 -0.61% 3.78% 4.28% 1.107M ICP
12 hours 5.03 4.82 4.89 -0.82% 4.17% 5.25% 1.273M ICP

Every coin at this release

Coin Price swing Usual for PCE Reaction
Bitcoin 4.38x 2.03x Exceptional
Ethereum 4.30x 1.77x Exceptional
XRP 3.96x 1.81x Exceptional
BNB 3.29x 1.75x Strong
Solana 3.60x 1.57x Exceptional
Dogecoin 4.56x 1.52x Exceptional
TRON 3.15x 1.43x Exceptional
Cardano 4.26x 1.90x Exceptional
Chainlink 3.86x 1.62x Exceptional
Sui 4.01x 1.53x Exceptional
Bitcoin Cash 4.02x 1.69x Exceptional
Hedera 3.78x 1.51x Exceptional
Avalanche 4.26x 1.55x Exceptional
Litecoin 4.19x 1.64x Exceptional
Gram 3.99x 1.32x Exceptional
Shiba Inu 3.66x 1.75x Exceptional
Uniswap 5.14x 1.49x Exceptional
Polkadot 3.96x 1.50x Exceptional
Aave 4.70x 1.58x Exceptional
Bittensor 4.36x 1.68x Exceptional
NEAR Protocol 5.93x 1.43x Exceptional
Aptos 4.50x 1.73x Exceptional
Internet Computer 4.92x 1.50x Exceptional
POL (prev. MATIC) 3.70x 1.60x Exceptional
Filecoin 4.93x 1.51x 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 Internet Computer

Questions about this page

Is 4.92x a lot?

For a PCE release it is exceptional: the usual is 1.50x. 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 Internet Computer moved in after past PCE releases, so you can plan for the likely size of the move.

What is PCE, and why does the Fed watch it?

PCE is the Personal Consumption Expenditures price index published by the Bureau of Economic Analysis. The Federal Reserve measures its 2 percent inflation goal with the PCE price index. PCE, Core PCE and Personal Income are released together at 8:30 a.m. ET and share one reaction. Their median Bitcoin price swing since 2021 is 2.03x, which places them in Tier 2.

More questions · 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.