How Bitcoin reacted to the Personal Income and Outlays 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 Personal Income 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 Personal Income: 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, 1 hour 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 Income and Outlays came in at 0.6% for March 2026, against -0.1% in February 2026. Personal income is rising again, after a fall.

It arrived at the same moment as Personal Consumption Expenditures, 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 Personal Income 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, Personal Income 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 Personal Income releases since 2021, Bitcoin's median volatility ratio is 2.06x.

What it means

Bitcoin registered an ordinary reaction to the Personal Income release. Its volatility ratio of 1.78x fell just below the 2.09x median recorded across 69 releases since 2021. Price moved 0.12 percent lower in the first fifteen minutes and 0.21 percent lower after one hour from the $76,344.23 dollar opening level, while the high to low range narrowed to 0.46 percent of price in the hour after the print.

The release arrived the day after the Federal Reserve's April policy decision and 47 days before the next scheduled meeting. Releases outside the two week pre decision window have produced a median volatility ratio of 1.81x since 2021, against 2.13x for those inside the window. The 1.78x reading here aligned closely with the post decision benchmark.

Volume rose to 6.72x against the event typical 2.55x, yet this did not translate into an outsized price swing. The print therefore produced the contained move that Clometrix records for Personal Income releases timed away from imminent Federal Reserve decisions.

Traders watching the next release may note that the historical pattern ties larger Bitcoin volatility ratios more closely to proximity with policy meetings than to the magnitude of the income figure itself.

How it compares

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

MutedOrdinaryStrongExceptional

Thin line: Personal Income'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 Personal Income 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 Income and Outlays?

Personal Income measures the change in the total value of income received from all sources by consumers. Income is closely correlated with consumer spending, which accounts for a majority of overall economic activity.

Every Personal Income release for Bitcoin

Questions about this page

Is 1.78x a lot?

For a Personal Income release it is ordinary: the usual is 2.03x. Each report has its own usual size, and its releases show it.

Will the next Personal Income do the same?

Nobody can say. A forecast shows the range Bitcoin moved in after past Personal Income 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.