The release
Released by the Bureau of Economic Analysis on 31 May 2024 at 8:30 AM EDT. The Personal Consumption Expenditures came in at 0.3% for April 2024, against 0.3% in March 2024. Prices are rising at the same pace as 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.
How Sui moved
Sui was at $1.0200 when the figure came out. Fifteen minutes later it was 0.98% higher, and an hour later 0.98% higher. Its high-to-low range in the hour after was 0.98% of its price, against 0.98% in the hour before.
Measured by Clometrix
Sui's volume ratio was 5.81x, against a typical 1.59x. Its volatility ratio could not be measured: the price barely moved through the rest of the day, so there is no ordinary quarter hour to compare against. The ratio compares the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change.
What made it matter
Since 2021, PCE releases in the two weeks before a Fed decision have moved Sui less than those at other times: a median volatility ratio of 1.27x across 10, against 1.72x across 30. This one came out 12 days before the Federal Reserve's 12 June rate decision.
Its record
Across 40 PCE releases since 2021, Sui's median volatility ratio is 1.53x.
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 | 1.03 | 1.02 | 1.03 | 0.97% | 0.97% | 0.00% | 217,286 SUI |
| 5 minutes | 1.03 | 1.02 | 1.03 | 0.97% | 0.97% | 0.00% | 534,113 SUI |
| 10 minutes | 1.03 | 1.02 | 1.03 | 0.97% | 0.97% | 0.98% | 723,621 SUI |
| 15 minutes | 1.03 | 1.02 | 1.03 | 0.97% | 0.97% | 0.98% | 916,622 SUI |
| 30 minutes | 1.03 | 1.02 | 1.03 | 0.97% | 0.97% | 0.98% | 1.158M SUI |
| 1 hour | 1.03 | 1.02 | 1.03 | 0.97% | 0.97% | 0.98% | 1.483M SUI |
| 2 hours | 1.03 | 1.01 | 1.01 | -0.99% | 1.94% | 0.98% | 3.33M SUI |
| 4 hours | 1.03 | 0.9951 | 1.01 | -0.99% | 3.39% | 1.96% | 6.604M SUI |
| 6 hours | 1.03 | 0.9951 | 1.02 | 0.00% | 3.39% | 1.96% | 8.095M SUI |
| 8 hours | 1.03 | 0.9951 | 1.01 | 0.00% | 3.39% | 2.09% | 9.666M SUI |
| 12 hours | 1.03 | 0.9951 | 1.02 | 0.00% | 3.39% | 2.09% | 10.93M SUI |
Every coin at this release
| Coin | Price swing | Usual for PCE | Reaction |
|---|---|---|---|
| Bitcoin | 3.32x | 2.03x | Strong |
| Ethereum | 3.02x | 1.77x | Strong |
| XRP | 2.00x | 1.81x | Ordinary |
| BNB | 2.00x | 1.75x | Ordinary |
| Solana | 2.76x | 1.57x | Strong |
| Dogecoin | 1.87x | 1.52x | Ordinary |
| TRON | 1.23x | 1.43x | Quiet |
| Cardano | 2.82x | 1.90x | Strong |
| Chainlink | 1.72x | 1.62x | Ordinary |
| Sui | Not measured | 1.53x | - |
| Bitcoin Cash | 1.84x | 1.69x | Ordinary |
| Hedera | 1.79x | 1.51x | Ordinary |
| Avalanche | 2.31x | 1.55x | Strong |
| Litecoin | 1.92x | 1.64x | Ordinary |
| Shiba Inu | 1.68x | 1.75x | Ordinary |
| Uniswap | 1.81x | 1.49x | Ordinary |
| Polkadot | 2.01x | 1.50x | Strong |
| Aave | 1.69x | 1.58x | Ordinary |
| Bittensor | 1.67x | 1.68x | Ordinary |
| NEAR Protocol | 3.59x | 1.43x | Exceptional |
| Aptos | 1.79x | 1.73x | Ordinary |
| Internet Computer | 1.19x | 1.50x | Quiet |
| POL (prev. MATIC) | 1.71x | 1.60x | Ordinary |
| Filecoin | 1.97x | 1.51x | Strong |
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.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.