How Uniswap reacted to the Personal Consumption Expenditures on 31 July 2025

The short answer

An ordinary reaction. In the 15 minutes after the figure came out, Uniswap's price swung 1.75 times as much as in a normal 15 minutes that day. For a PCE release, 1.48 times is usual. An hour later the price was 3.01% lower.

1.75x

Ordinary

Trading (volume ratio)
1.16x
usual for PCE: 1.95x
Price at 8:30 AM
$9.980
15 minutes later
−1.00%
One hour later
−3.01%
range 3.21%, hour before 0.90%
UNI/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
10.090
Close
9.320
24h change
-8.26%
24h high
10.240
24h low
9.240
24h volume
8.11M UNI

The release

Released by the Bureau of Economic Analysis on 31 July 2025 at 8:30 AM EDT. The Personal Consumption Expenditures came in at 0.3% for June 2025, against 0.2% in May 2025. Prices are rising faster than before.

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

How Uniswap moved

Uniswap was at $9.980 when the figure came out. Fifteen minutes later it was 1% lower, and an hour later 3.01% lower. Its high-to-low range in the hour after was 3.21% of its price, against 0.9% in the hour before.

Measured by Clometrix

Uniswap's volatility ratio was 1.75x, against 1.48x for a typical PCE release since 2021. Its volume ratio was 1.16x, against a typical 1.95x. That is about 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.

What made it matter

Since 2021, PCE releases in the two weeks before a Fed decision have moved Uniswap about as much as those at other times: a median volatility ratio of 1.50x across 18, against 1.37x across 52. This one came out the day after the Federal Reserve's 30 July rate decision. Its own ratio of 1.75x compares with 1.37x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 70 PCE releases since 2021, Uniswap's median volatility ratio is 1.48x.

How it compares

Across 70 PCE releases since 2021, Uniswap's usual price swing is 1.48x. This one was 1.18 times the usual.

MutedOrdinaryStrongExceptional

Thin line: PCE's usual, 1.48x. Thick line: this release, 1.75x.

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 9.98 9.95 9.95 -0.30% 0.30% 0.10% 3,706 UNI
5 minutes 9.98 9.90 9.91 -0.71% 0.80% 0.40% 34,826 UNI
10 minutes 9.98 9.90 9.92 -0.60% 0.80% 0.40% 45,511 UNI
15 minutes 9.98 9.87 9.88 -1.01% 1.10% 0.50% 75,668 UNI
30 minutes 9.98 9.86 9.88 -1.01% 1.20% 0.70% 146,054 UNI
1 hour 9.98 9.66 9.68 -3.10% 3.21% 0.90% 538,437 UNI
2 hours 9.98 9.51 9.55 -4.50% 4.71% 2.17% 1.564M UNI
4 hours 9.98 9.51 9.74 -2.46% 4.71% 2.74% 2.598M UNI
6 hours 9.98 9.51 9.64 -3.53% 4.71% 2.74% 3.639M UNI
8 hours 10.22 9.51 9.74 -4.52% 6.95% 1.76% 3.304M UNI
12 hours 9.98 9.24 9.32 -7.08% 7.41% 2.93% 5.441M UNI

Every coin at this release

Coin Price swing Usual for PCE Reaction
Bitcoin 1.15x 2.06x Quiet
Ethereum 1.41x 1.79x Quiet
XRP 1.98x 1.70x Ordinary
BNB 1.04x 1.78x Quiet
Solana 1.57x 1.58x Ordinary
Dogecoin 1.28x 1.51x Quiet
TRON 1.66x 1.42x Ordinary
Cardano 1.29x 1.88x Quiet
Chainlink 1.32x 1.61x Quiet
Sui 1.92x 1.52x Ordinary
Bitcoin Cash 0.66x 1.67x Quiet
Hedera 1.73x 1.48x Ordinary
Avalanche 1.53x 1.55x Ordinary
Litecoin 0.64x 1.64x Quiet
Gram 0.66x 1.29x Quiet
Shiba Inu 1.47x 1.74x Quiet
Uniswap 1.75x 1.48x Ordinary
Polkadot 1.49x 1.49x Quiet
Aave 2.17x 1.57x Strong
Bittensor 1.15x 1.68x Quiet
NEAR Protocol 1.92x 1.37x Strong
Aptos 1.45x 1.70x Quiet
Internet Computer 1.34x 1.50x Quiet
POL (prev. MATIC) 1.63x 1.56x Ordinary
Filecoin 1.97x 1.50x 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.

Every PCE release for Uniswap

Questions about this page

Is 1.75x a lot?

For a PCE release it is ordinary: the usual is 1.48x. 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 Uniswap moved in after past PCE releases, so you can plan for the likely size of the move.

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.