The PCE price index, from the US Bureau of Economic Analysis, is the inflation measure the Federal Reserve’s 2% goal is defined by.12 This ranks the 80 releases since January 2020 by the size of bitcoin’s move on release day, in the same style as the CPI and producer-price pages.
Data as of · 80 releases, Jan 31, 2020 to Sep 30, 2026 · bitcoin daily closes (UTC) from Yahoo Finance · next release Oct 29, 2026
Illustration: the 15 largest bitcoin moves on days the US PCE inflation data was released since 2020, from +9.88% to −8.73%.
Bitcoin on PCE Inflation Release Days, data as of 2026-10-28
PCE price index, month = the change from the preceding month stated in the opening paragraph of each BEA “Personal Income and Outlays” release, as first published; “excluding food and energy” is the same figure without those two categories. A change of less than 0.1% is shown as “<0.1%”.1 Bitcoin, release day = UTC daily close on the release date ÷ the close the day before, minus 1.2 Each of these moves is within 2.2 percentage points of Blockchain.com’s daily average price.3 Bitcoin fell on 46 of the 80 release days and on 6 of the 15 largest. Observed facts, not a forecast.
The top 8
Personal consumption expenditures (PCE) is the BEA’s measure of what households spend, and the PCE price index tracks how the prices of that spending change. The Federal Open Market Committee (FOMC), the Fed’s rate-setting body, states its 2% goal in terms of this index.12 The release also carries personal income and spending figures, which this page does not rank. For the other inflation reports, see bitcoin on CPI release days and how producer prices have lined up with bitcoin.
#1
Oct 1, 2021 August 2021
▲ +9.88%
The BEA reported that the PCE price index was up 0.4% from the month before in its August 2021 data, and up 0.3% excluding food and energy.4 Bitcoin’s UTC close that day was $48,117, up 9.88% from $43,791.2 The report comes out at 8:30 a.m. Eastern Time, inside that UTC day, and the day also holds other news; the data does not show that the release caused the move.
#2
Jun 25, 2021 May 2021
▼ −8.73%
The BEA reported that the PCE price index was up 0.4% from the month before in its May 2021 data, and up 0.5% excluding food and energy.5 Bitcoin’s UTC close that day was $31,638, down 8.73% from $34,662.2 The report comes out at 8:30 a.m. Eastern Time, inside that UTC day, and the day also holds other news; the data does not show that the release caused the move.
#3
Apr 30, 2021 March 2021
▲ +7.83%
The BEA reported that the PCE price index was up 0.5% from the month before in its March 2021 data, and up 0.4% excluding food and energy.6 Bitcoin’s UTC close that day was $57,750, up 7.83% from $53,555.2 The report comes out at 8:30 a.m. Eastern Time, inside that UTC day, and the day also holds other news; the data does not show that the release caused the move.
#4
May 28, 2021 April 2021
▼ −7.13%
The BEA reported that the PCE price index was up 0.6% from the month before in its April 2021 data, and up 0.7% excluding food and energy.7 Bitcoin’s UTC close that day was $35,698, down 7.13% from $38,437.2 The report comes out at 8:30 a.m. Eastern Time, inside that UTC day, and the day also holds other news; the data does not show that the release caused the move.
#5
Mar 26, 2021 February 2021
▲ +6.64%
The BEA reported that the PCE price index was up 0.2% from the month before in its February 2021 data, and up 0.1% excluding food and energy.8 Bitcoin’s UTC close that day was $55,137, up 6.64% from $51,704.2 The report comes out at 8:30 a.m. Eastern Time, inside that UTC day, and the day also holds other news; the data does not show that the release caused the move.
#6
Aug 26, 2022 July 2022
▼ −6.21%
The BEA reported that the PCE price index was down 0.1% from the month before in its July 2022 data, and up 0.1% excluding food and energy.9 Bitcoin’s UTC close that day was $20,260, down 6.21% from $21,601.2 The report comes out at 8:30 a.m. Eastern Time, inside that UTC day, and the day also holds other news; the data does not show that the release caused the move.
#7
Jul 30, 2021 June 2021
▲ +5.57%
The BEA reported that the PCE price index was up 0.5% from the month before in its June 2021 data, and up 0.4% excluding food and energy.10 Bitcoin’s UTC close that day was $42,236, up 5.57% from $40,008.2 The report comes out at 8:30 a.m. Eastern Time, inside that UTC day, and the day also holds other news; the data does not show that the release caused the move.
#8
Aug 31, 2023 July 2023
▼ −5.00%
The BEA reported that the PCE price index was up 0.2% from the month before in its July 2023 data, and up 0.2% excluding food and energy.11 Bitcoin’s UTC close that day was $25,931, down 5.00% from $27,297.2 The report comes out at 8:30 a.m. Eastern Time, inside that UTC day, and the day also holds other news; the data does not show that the release caused the move.
Sources
U.S. Bureau of Economic Analysis, Personal Consumption Expenditures Price Index and its 80 “Personal Income and Outlays” news releases, from the December 2019 release (Jan 31, 2020) to the August 2026 release (Sep 30, 2026): release date and the headline and “excluding food and energy” monthly changes in the opening paragraphs, retrieved 2026-10-28. The October and November 2025 data came in one combined release.
Blockchain.com, Market Price (USD), daily average USD price across major exchanges, via the charts API, retrieved 2026-10-25 (cross-check; its data runs to Oct 11, 2026).
Federal Open Market Committee, Statement on Longer-Run Goals and Monetary Policy Strategy: “inflation at the rate of 2 percent, as measured by the annual change in the price index for personal consumption expenditures, is most consistent over the longer run with the Federal Reserve’s statutory maximum employment and price stability mandates.”
For information only. Not financial advice. See the terms of use.