How Bitcoin reacted to the Personal Consumption Expenditures on 30 April 2026

The short answer

An ordinary reaction. In the 15 minutes after the figure came out, Bitcoin's price swung 1.78 times as much as in a normal 15 minutes that day. For a PCE release, 2.03 times is usual. An hour later the price was 0.21% lower.

1.78x

Ordinary

Trading (volume ratio)
6.72x
usual for PCE: 2.52x
Price at 8:30 AM
$76,344.23
15 minutes later
−0.12%
One hour later
−0.21%
range 0.46%, hour before 0.82%
BTC/USDT, 30 minutes candles around the release, 8:30 AM America/New York

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

Open
75,818.00
Close
76,531.81
24h change
0.93%
24h high
76,669.14
24h low
75,323.65
24h volume
10,413 BTC

The release

Released by the Bureau of Economic Analysis on 30 April 2026 at 8:30 AM EDT. The Personal Consumption Expenditures came in at 0.7% for March 2026, against 0.4% in February 2026. Prices are rising faster than before.

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 Bitcoin moved

Bitcoin was at $76,344.23 when the figure came out. Fifteen minutes later it was 0.12% lower, and an hour later 0.21% lower. Its high-to-low range in the hour after was 0.46% of its price, against 0.82% in the hour before.

Measured by Clometrix

Bitcoin's volatility ratio was 1.78x, against 2.03x for a typical PCE release since 2021. Its volume ratio was 6.72x, against a typical 2.52x. 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 Bitcoin more than those at other times: a median volatility ratio of 2.13x across 18, against 1.81x across 52. This one came out the day after the Federal Reserve's 29 April rate decision. Its own ratio of 1.78x compares with 1.81x for those, about what its circumstances would suggest.

Its record

Across 70 PCE releases since 2021, Bitcoin's median volatility ratio is 2.06x.

What it means

Ordinary Volatility Response

Bitcoin registered an ordinary reaction to the PCE release, with a volatility ratio of 1.78x against the 2.09x median recorded across 69 events since 2021. The move aligned with Clometrix classification for this event type. Price action remained contained relative to the surrounding hour, and the outcome sat close to the 1.81x median observed for releases outside the two-week window before Federal Reserve decisions.

Release timing placed the data the day after the April Federal Reserve meeting and well clear of the June decision. That positioning matched the lower historical volatility ratios seen for PCE prints farther from policy dates. The result therefore followed the pattern already established in the record rather than deviating from it.

Volume rose sharply to 6.72x the baseline quarter-hour level, exceeding the typical 2.55x multiple for PCE releases.

How it compares

Across 69 PCE releases since 2021, Bitcoin's usual price swing is 2.03x. This one was 0.88 times the usual.

MutedOrdinaryStrongExceptional

Thin line: PCE's usual, 2.03x. Thick line: this release, 1.78x.

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 76500.00 76344.22 76414.96 0.09% 0.20% 0.02% 63 BTC
5 minutes 76511.22 76337.05 76359.91 0.02% 0.23% 0.05% 349 BTC
10 minutes 76511.22 76337.05 76343.23 0.00% 0.23% 0.36% 423 BTC
15 minutes 76511.22 76255.01 76255.01 -0.12% 0.33% 0.47% 511 BTC
30 minutes 76511.22 76254.00 76308.48 -0.05% 0.34% 0.60% 627 BTC
1 hour 76511.22 76159.45 76186.63 -0.21% 0.46% 0.82% 850 BTC
2 hours 76669.14 76093.81 76354.20 0.01% 0.75% 0.82% 1,988 BTC
4 hours 76669.14 76093.81 76355.18 0.01% 0.75% 0.82% 2,705 BTC
6 hours 76669.14 76093.81 76281.25 -0.08% 0.75% 1.08% 3,154 BTC
8 hours 76669.14 75876.29 76355.18 0.37% 1.03% 1.50% 5,109 BTC
12 hours 76669.14 76093.81 76531.81 0.25% 0.75% 1.54% 4,598 BTC

Every coin at this release

Coin Price swing Usual for PCE Reaction
Bitcoin 1.78x 2.03x Ordinary
Ethereum 0.82x 1.77x Quiet
XRP Not measured 1.81x -
BNB 2.00x 1.75x Ordinary
Solana 0.86x 1.57x Quiet
Dogecoin 0.44x 1.52x Quiet
TRON 1.00x 1.43x Quiet
Cardano 1.00x 1.90x Quiet
Chainlink 1.00x 1.62x Quiet
Sui 1.03x 1.53x Quiet
Bitcoin Cash 1.37x 1.69x Quiet
Hedera 1.15x 1.51x Quiet
Avalanche 1.00x 1.55x Quiet
Litecoin 1.23x 1.64x Quiet
Gram 0.00x 1.32x Quiet
Shiba Inu 1.00x 1.75x Quiet
Uniswap 0.99x 1.49x Quiet
Polkadot Not measured 1.50x -
Aave 0.80x 1.58x Quiet
Bittensor 1.25x 1.68x Quiet
NEAR Protocol Not measured 1.43x -
Aptos 0.00x 1.73x Quiet
Internet Computer 1.00x 1.50x Quiet
POL (prev. MATIC) 0.99x 1.60x Quiet
Filecoin 1.00x 1.51x Quiet

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 1.78x a lot?

For a PCE release it is ordinary: the usual is 2.03x. 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 · 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.