How Bittensor reacted to the Personal Consumption Expenditures on 30 July 2026

The short answer

An ordinary reaction. In the 15 minutes after the figure came out, Bittensor's price swung 1.71 times as much as in a normal 15 minutes that day. For a PCE release, 1.68 times is usual. An hour later the price was 0.36% lower.

1.71x

Ordinary

Trading (volume ratio)
3.92x
usual for PCE: 2.57x
Price at 8:30 AM
$194.10
15 minutes later
−0.46%
One hour later
−0.36%
range 0.72%, hour before 0.88%
TAO/USDT, 1 minute candles around the release, 8:30 AM America/New York

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

Open
190.60
Close
193.40
24h change
1.45%
24h high
195.40
24h low
189.20
24h volume
47,798 TAO

The release

Released by the Bureau of Economic Analysis on 30 July 2026 at 8:30 AM EDT. The Personal Consumption Expenditures came in at -0.1% for June 2026, against 0.4% in May 2026. Prices are falling, after a rise.

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.

How Bittensor moved

Bittensor was at $194.10 when the figure came out. Fifteen minutes later it was 0.46% lower, and an hour later 0.36% lower. Its high-to-low range in the hour after was 0.72% of its price, against 0.88% in the hour before.

Measured by Clometrix

Bittensor's volatility ratio was 1.71x, against 1.68x for a typical PCE release since 2021. Its volume ratio was 3.92x, against a typical 2.57x. 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 Bittensor less than those at other times: a median volatility ratio of 1.22x across 9, against 1.76x across 22. This one came out the day after the Federal Reserve's 29 July rate decision. Its own ratio of 1.71x compares with 1.76x for those, about what its circumstances would suggest.

Its record

Across 31 PCE releases since 2021, Bittensor's median volatility ratio is 1.68x.

How it compares

Across 31 PCE releases since 2021, Bittensor's usual price swing is 1.68x. This one was 1.02 times the usual.

MutedOrdinaryStrongExceptional

Thin line: PCE's usual, 1.68x. Thick line: this release, 1.71x.

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 194.40 193.90 193.90 -0.10% 0.26% 0.00% 408 TAO
5 minutes 194.40 193.60 193.90 -0.10% 0.41% 0.26% 458 TAO
10 minutes 194.40 193.50 193.60 -0.26% 0.46% 0.31% 999 TAO
15 minutes 194.40 193.20 193.20 -0.47% 0.62% 0.41% 1,223 TAO
30 minutes 194.40 193.20 193.30 -0.41% 0.62% 0.46% 1,597 TAO
1 hour 194.40 193.00 193.40 -0.36% 0.72% 0.87% 2,187 TAO
2 hours 195.40 192.20 194.10 0.00% 1.64% 1.23% 7,373 TAO
4 hours 195.40 192.20 194.20 0.05% 1.64% 1.69% 12,406 TAO
6 hours 195.40 192.20 193.80 -0.15% 1.64% 2.15% 19,506 TAO
8 hours 195.40 191.60 194.20 1.13% 1.94% 2.57% 22,378 TAO
12 hours 195.40 192.20 193.40 -0.36% 1.64% 2.92% 27,945 TAO

Every coin at this release

Coin Price swing Usual for PCE Reaction
Bitcoin 0.96x 2.06x Quiet
Ethereum 1.15x 1.79x Quiet
XRP Not measured 1.70x -
BNB 2.42x 1.78x Strong
Solana 1.49x 1.58x Quiet
Dogecoin 1.21x 1.51x Quiet
TRON 1.49x 1.42x Quiet
Cardano 1.41x 1.88x Quiet
Chainlink 1.68x 1.61x Ordinary
Sui 1.52x 1.52x Ordinary
Bitcoin Cash 1.00x 1.67x Quiet
Hedera 1.36x 1.48x Quiet
Avalanche 1.50x 1.55x Quiet
Litecoin 1.17x 1.64x Quiet
Gram 0.00x 1.29x Quiet
Shiba Inu 1.01x 1.74x Quiet
Uniswap 0.98x 1.48x Quiet
Polkadot 1.49x 1.49x Quiet
Aave 1.08x 1.57x Quiet
Bittensor 1.71x 1.68x Ordinary
NEAR Protocol 1.01x 1.37x Quiet
Aptos 1.49x 1.70x Quiet
Internet Computer 0.00x 1.50x Quiet
POL (prev. MATIC) 3.24x 1.56x Exceptional
Filecoin 1.63x 1.50x Ordinary

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 Bittensor

Questions about this page

Is 1.71x a lot?

For a PCE release it is ordinary: the usual is 1.68x. 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 Bittensor 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.