How Bittensor reacted to the Personal Income and Outlays on 30 September 2026

The short answer

A strong reaction. In the 15 minutes after the figure came out, Bittensor's price swung 3.21 times as much as in a normal 15 minutes that day. For a Personal Income release, 1.68 times is usual. An hour later the price was 2.25% higher.

3.21x

Strong

Trading (volume ratio)
7.40x
usual for Personal Income: 2.40x
Price at 8:30 AM
$306.90
15 minutes later
+1.08%
One hour later
+2.25%
range 2.61%, hour before 1.27%
TAO/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
298.90
Close
301.10
24h change
0.73%
24h high
314.70
24h low
297.50
24h volume
136,304 TAO

Measured by Clometrix

Bittensor's volatility ratio was 3.21x, against 1.68x for a typical Personal Income release since 2021. Its volume ratio was 7.40x, against a typical 2.40x. That is a strong reaction by this release's own standard. 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.

How Bittensor moved

Bittensor was at $306.90 when the figure came out. Fifteen minutes later it was 1.08% higher, and an hour later 2.25% higher. Its high-to-low range in the hour after was 2.61% of its price, against 1.27% in the hour before.

The release

Released by the Bureau of Economic Analysis on 30 September 2026 at 8:30 AM EDT. The Personal Income and Outlays came in at 0.2% for August 2026, against 0.4% in July 2026. Personal income is still rising, but more slowly than before.

It arrived at the same moment as Personal Consumption Expenditures, Core Personal Consumption Expenditures and Gross Domestic Product Report, so the reaction measured on this page belongs to all of them together.

What made it matter

Since 2021, Personal Income releases in the two weeks before a Fed decision have moved Bittensor less than those at other times: a median volatility ratio of 1.37x across 8, against 1.76x across 22. This one was not within two weeks of a Fed decision. Its own ratio of 3.21x compares with 1.76x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 30 Personal Income releases since 2021, Bittensor's median volatility ratio is 1.68x.

How it compares

Across 30 Personal Income releases since 2021, Bittensor's usual price swing is 1.68x. This one was 1.91 times the usual.

MutedOrdinaryStrongExceptional

Thin line: Personal Income's usual, 1.68x. Thick line: this release, 3.21x.

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 309.00 306.20 308.60 0.55% 0.91% 0.33% 1,020 TAO
5 minutes 311.90 306.20 311.50 1.48% 1.83% 0.59% 3,687 TAO
10 minutes 312.50 306.20 312.40 1.76% 2.02% 0.91% 5,078 TAO
15 minutes 313.40 306.20 310.20 1.06% 2.30% 0.98% 8,699 TAO
30 minutes 314.00 306.20 312.70 1.85% 2.48% 0.98% 14,021 TAO
1 hour 314.20 306.20 313.80 2.20% 2.55% 1.27% 18,368 TAO
2 hours 314.70 301.80 304.00 -0.95% 4.10% 1.37% 35,668 TAO
4 hours 314.70 301.00 307.40 0.16% 4.35% 2.50% 50,394 TAO
6 hours 314.70 301.00 303.60 -1.09% 4.35% 2.96% 63,824 TAO
8 hours 314.70 299.90 307.40 2.08% 4.70% 2.48% 67,410 TAO
12 hours 314.70 297.50 301.10 -1.93% 5.47% 2.96% 85,205 TAO

Every coin at this release

Coin Price swing Usual for Personal Income Reaction
Bitcoin 7.26x 2.03x Exceptional
Ethereum 5.04x 1.77x Exceptional
XRP 3.04x 1.81x Strong
BNB 3.71x 1.75x Exceptional
Solana 4.74x 1.57x Exceptional
Dogecoin 4.77x 1.52x Exceptional
TRON 1.64x 1.43x Ordinary
Cardano 3.83x 1.90x Exceptional
Chainlink 4.41x 1.62x Exceptional
Sui 4.07x 1.53x Exceptional
Bitcoin Cash 3.52x 1.69x Exceptional
Hedera 2.30x 1.51x Strong
Avalanche 3.44x 1.55x Exceptional
Litecoin 3.52x 1.64x Exceptional
Gram 1.99x 1.32x Strong
Shiba Inu 2.50x 1.75x Strong
Uniswap 4.15x 1.49x Exceptional
Polkadot 1.98x 1.50x Strong
Aave 4.49x 1.58x Exceptional
Bittensor 3.21x 1.68x Strong
NEAR Protocol 2.73x 1.43x Strong
Aptos 3.33x 1.73x Strong
Internet Computer 1.99x 1.50x Strong
POL (prev. MATIC) 3.52x 1.60x Exceptional
Filecoin 1.98x 1.51x Strong

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 Bittensor

Questions about this page

Is 3.21x a lot?

For a Personal Income release it is strong: the usual is 1.68x. 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 Bittensor 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 ยท 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.