Data Analysis
The release
Released by the Bureau of Labor Statistics on 14 January 2026 at 8:30 AM EST. The Producer Price Index came in at 0.4% for November 2025, against 0.3% in September 2025. Producer prices are rising faster than before.
It arrived at the same moment as Retail Sales, Retail Sales Excluding Automobiles and Core Producer Price Index, so the reaction measured on this page belongs to all of them together.
Measured by Clometrix
Bitcoin's volatility ratio was 0.62x, against 2.08x for a typical PPI release since 2021. Its volume ratio was 0.47x, against a typical 2.30x. Under 1.5x is not a reaction at all: the market barely noticed this release. 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 Bitcoin moved
Bitcoin was at $95,190.70 when the figure came out. Fifteen minutes later it was 0.12% lower, and an hour later 0.46% higher. Its high-to-low range in the hour after was 0.96% of its price, against 0.32% in the hour before.
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 28 January rate decision. Its own ratio of 0.62x compares with 2.18x for those, so it moved the price less than its circumstances would suggest.
What it means
Bitcoin registered a quiet reaction to the November Producer Price Index and the retail sales figures that arrived alongside it. Volatility reached only 0.62 times the level of an ordinary quarter hour, compared with the 2.08 times median recorded at PPI releases since 2021. Volume stayed at 0.47 times normal. The market registered almost no response to the 0.4 percent print or the simultaneous 0.5 percent retail sales reading.
Price action remained contained. Bitcoin stood at $95,190.70 when the data appeared. It slipped 0.12 percent in the following fifteen minutes before finishing the hour 0.46 percent higher. The high-to-low range in that hour measured 0.96 percent of spot, against 0.32 percent in the hour before the release.
The release fell fourteen days before the Federal Reserve's January policy meeting. PPI prints in that window have produced a median volatility ratio of 2.18 times since 2021. The 0.62 times outcome here therefore fell well short of the pattern observed for releases with similar timing.
Traders preparing for the next PPI release can observe that even data arriving close to a policy decision can leave Bitcoin unmoved when the surprise is small. The historical record for this event shows reactions that vary sharply from one print to the next.
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
95,480.58Close
96,390.3624h Change
909.78 (0.94%)24h High
97,924.4924h Low
94,559.2824h Volume
23,084 BTCUS Producer Price Index
Bureau of Labor Statistics
14th January, 2026, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 95203.11 | 95203.11 | 95190.69 | 95190.70 | -0.01% | 0.01% | 2 BTC |
| During | 95190.70 | 95214.64 | 95120.11 | 95140.00 | -0.05% | 0.10% | 13 BTC |
| 5 Minutes | |||||||
| Before | 95184.10 | 95218.20 | 95153.67 | 95190.70 | 0.01% | 0.07% | 29 BTC |
| During | 95190.70 | 95214.64 | 95072.10 | 95072.10 | -0.12% | 0.15% | 43 BTC |
| 10 Minutes | |||||||
| Before | 95031.51 | 95241.70 | 95031.50 | 95190.70 | 0.17% | 0.22% | 98 BTC |
| During | 95190.70 | 95214.64 | 95056.63 | 95082.00 | -0.11% | 0.17% | 64 BTC |
| 15 Minutes | |||||||
| Before | 94963.76 | 95241.70 | 94963.76 | 95190.70 | 0.24% | 0.29% | 115 BTC |
| During | 95190.70 | 95214.64 | 95056.63 | 95073.04 | -0.12% | 0.17% | 77 BTC |
| 30 Minutes | |||||||
| Before | 95077.56 | 95241.70 | 94932.90 | 95190.70 | 0.12% | 0.32% | 194 BTC |
| During | 95190.70 | 95214.64 | 94890.68 | 94998.19 | -0.20% | 0.34% | 261 BTC |
| 1 Hour | |||||||
| Before | 95079.54 | 95241.70 | 94932.90 | 95190.70 | 0.12% | 0.32% | 375 BTC |
| During | 95190.70 | 95805.22 | 94890.68 | 95628.00 | 0.46% | 0.95% | 826 BTC |
| 2 Hours | |||||||
| Before | 94977.16 | 95241.70 | 94680.67 | 95190.70 | 0.22% | 0.59% | 770 BTC |
| During | 95190.70 | 97084.68 | 94890.68 | 96745.76 | 1.61% | 2.26% | 4,347 BTC |
| 4 Hours | |||||||
| Before | 95066.40 | 95291.98 | 94680.67 | 95190.70 | 0.13% | 0.64% | 1,681 BTC |
| During | 95190.70 | 97777.00 | 94890.68 | 97544.01 | 2.41% | 2.95% | 8,828 BTC |
| 6 Hours | |||||||
| Before | 94935.14 | 95315.15 | 94680.67 | 95190.70 | 0.27% | 0.67% | 2,951 BTC |
| During | 95190.70 | 97777.00 | 94890.68 | 97561.58 | 2.43% | 2.95% | 11,707 BTC |
| 8 Hours | |||||||
| Before | 95480.58 | 95799.22 | 94559.28 | 95066.40 | -0.44% | 1.29% | 4,979 BTC |
| During | 95066.40 | 97777.00 | 94680.67 | 97544.01 | 2.54% | 3.17% | 10,509 BTC |
| 12 Hours | |||||||
| Before | 95480.58 | 95799.22 | 94559.28 | 95190.70 | -0.30% | 1.29% | 6,659 BTC |
| During | 95190.70 | 97924.49 | 94890.68 | 96390.36 | 1.24% | 3.10% | 16,425 BTC |
