Data Analysis
The release
Released by the Bureau of Labor Statistics on 15 July 2026 at 8:30 AM EDT. The Producer Price Index came in at -0.3% for June 2026, against 1.1% in May 2026. Producer prices are falling, after a rise.
It arrived at the same moment as Core Producer Price Index, so the reaction measured on this page belongs to all of them together.
How Bitcoin moved
Bitcoin was at $64,688.51 when the figure came out. Fifteen minutes later it was 0.15% higher, and an hour later 0.96% higher. Its high-to-low range in the hour after was 1.38% of its price, against 0.25% in the hour before.
Measured by Clometrix
Bitcoin's volatility ratio was 2.32x, against 2.08x for a typical PPI release since 2021. Its volume ratio was 5.82x, against a typical 2.30x. 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, PPI releases in the two weeks before a Fed decision have moved Bitcoin about as much as those at other times: a median volatility ratio of 2.18x across 29, against 2.05x across 41. This one came out 14 days before the Federal Reserve's 29 July rate decision. Its own ratio of 2.32x compares with 2.18x for those, about what its circumstances would suggest.
Its record
Across 70 PPI releases since 2021, Bitcoin's median volatility ratio is 2.08x.
What it means
Bitcoin posted a volatility ratio of 2.32x in the quarter hour after the release, a figure that sits near the 2.08x median observed across 70 PPI prints since 2021. The price opened at $64,688.51, advanced 0.15 percent within fifteen minutes and 0.96 percent within the hour, while the high-to-low range reached 1.38 percent against 0.25 percent beforehand. Volume expanded to 5.82x the normal level for the interval, above the 2.30x benchmark typical for the event.
Timing relative to policy
The print arrived 14 days before the Federal Reserve's July meeting. PPI releases in that window have carried a median volatility ratio of 2.18x, so the 2.32x reading here matches the pattern recorded for releases at comparable distances from policy decisions. The month-over-month decline to -0.3 percent from 1.1 percent in May did not produce an outlier response. Traders reviewing the record for this event will note that Bitcoin's reaction aligned with both the overall median and the pre-Fed subset.
About Producer Price Index
The Producer Price Index (PPI) measures the average change over time in the prices domestic producers receive for their output. It is a measure of inflation at the wholesale level that is compiled from thousands of indexes measuring producer prices by industry and product category. The index is published monthly by the U.S. Bureau of Labor Statistics (BLS).
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.
BTC-USDT
Bitcoin
Open
64,890.01Close
64,565.9824h Change
-324.03 (-0.50%)24h High
65,600.0024h Low
64,485.0024h Volume
18,644 BTCUS Producer Price Index
Bureau of Labor Statistics
15th July, 2026, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 64673.99 | 64698.00 | 64673.99 | 64688.52 | 0.02% | 0.04% | 11 BTC |
| During | 64688.51 | 64984.00 | 64682.74 | 64904.00 | 0.33% | 0.46% | 205 BTC |
| 5 Minutes | |||||||
| Before | 64635.23 | 64698.00 | 64635.23 | 64688.52 | 0.08% | 0.10% | 39 BTC |
| During | 64688.51 | 64984.00 | 64682.74 | 64783.60 | 0.15% | 0.46% | 430 BTC |
| 10 Minutes | |||||||
| Before | 64722.41 | 64722.42 | 64606.00 | 64688.52 | -0.05% | 0.18% | 93 BTC |
| During | 64688.51 | 64984.00 | 64682.74 | 64846.81 | 0.24% | 0.46% | 648 BTC |
| 15 Minutes | |||||||
| Before | 64732.57 | 64768.17 | 64606.00 | 64688.52 | -0.07% | 0.25% | 144 BTC |
| During | 64688.51 | 64984.00 | 64682.74 | 64787.99 | 0.15% | 0.46% | 778 BTC |
| 30 Minutes | |||||||
| Before | 64732.15 | 64768.17 | 64606.00 | 64688.52 | -0.07% | 0.25% | 337 BTC |
| During | 64688.51 | 65249.90 | 64682.74 | 65164.00 | 0.73% | 0.87% | 1,501 BTC |
| 1 Hour | |||||||
| Before | 64641.18 | 64768.17 | 64606.00 | 64688.52 | 0.07% | 0.25% | 569 BTC |
| During | 64688.51 | 65577.00 | 64682.74 | 65312.72 | 0.96% | 1.36% | 2,612 BTC |
| 2 Hours | |||||||
| Before | 64636.17 | 64768.17 | 64606.00 | 64688.52 | 0.08% | 0.25% | 963 BTC |
| During | 64688.51 | 65577.00 | 64682.74 | 65326.00 | 0.98% | 1.36% | 4,118 BTC |
| 4 Hours | |||||||
| Before | 64647.14 | 64917.94 | 64606.00 | 64688.52 | 0.06% | 0.48% | 2,344 BTC |
| During | 64688.51 | 65600.00 | 64682.74 | 65166.22 | 0.73% | 1.40% | 6,473 BTC |
| 6 Hours | |||||||
| Before | 64985.13 | 65277.37 | 64485.00 | 64688.52 | -0.46% | 1.21% | 4,520 BTC |
| During | 64688.51 | 65600.00 | 64682.74 | 65058.06 | 0.57% | 1.40% | 9,157 BTC |
| 8 Hours | |||||||
| Before | 64890.01 | 65277.37 | 64485.00 | 64647.14 | -0.38% | 1.21% | 4,928 BTC |
| During | 64647.14 | 65600.00 | 64606.00 | 65166.22 | 0.80% | 1.52% | 8,817 BTC |
| 12 Hours | |||||||
| Before | 64890.01 | 65277.37 | 64485.00 | 64688.52 | -0.31% | 1.21% | 7,273 BTC |
| During | 64688.51 | 65600.00 | 64565.98 | 64565.98 | -0.19% | 1.58% | 11,371 BTC |
