Bitcoin Shows Larger 30-Minute Moves After Jobs, Core CPI Releases

Bitcoin’s short-term price swings were larger around U.S. jobs and core inflation releases than around Federal Reserve rate decisions in a study covering January 2025 through September 2026.

Employment reports were followed by a median absolute Bitcoin move in the next 30 minutes that measured about twice the typical level. The result for core Consumer Price Index (CPI) releases was 1.8 times typical, while moves around Federal Open Market Committee (FOMC) decisions stayed close to baseline.

The comparison used the median absolute price change, which measures the size of a move without regard to direction. An upward change and a downward change of the same size count equally. The study compared event windows with typical non-event periods, so its findings describe historical price movement and do not establish that an announcement caused a move.

U.S. release dates

The next Employment Situation report, the monthly U.S. jobs report, is scheduled for Friday, Nov. 6, at 8:30 a.m. ET. The next CPI release is scheduled for Nov. 10 at the same time.

The 2027 calendar schedules both monthly releases for 8:30 a.m. ET:

Month Employment Situation CPI

January Jan. 8 Jan. 13

February Feb. 5 Feb. 11

March March 5 March 10

April April 2 April 13

May May 7 May 12

June June 4 June 10

July July 2 July 14

August Aug. 6 Aug. 11

September Sept. 3 Sept. 14

October Oct. 8 Oct. 14

November Nov. 5 Nov. 10

December Dec. 3 Dec. 10

The listed dates are scheduled releases; the calendar may change. The next report is the Employment Situation release on Nov. 6.