TAO Volatility Analysis for CPI, 13th May 2025

Data Analysis

The data released by Bureau of Labor Statistics for Consumer Price Index on 13th May, 2025 has come in at an increase to 0.3% for April 2025. Compared to the previous release for March 2025 at 0.2%, we can see that prices & inflation is increasing month over month.

To see the impact and volatility of TAO's price during the CPI release, we will first observe the difference in volume and price changes on the 4-hours chart, followed by the 15-minutes chart. Change in prices will be be determined by the high and low prices instead of the opening and closing prices.

4-Hours Chart Analysis

In the period prior to the release, the trading volume was 19,747 TAO with prices swinging between 453.40 and 467.80, representing a swing of 3.08%. Subsequently, the trading volume increased by 23% to 24,201 TAO. Price action ranged from a low of 449.30 to a high of 463.10, a difference of 2.98%

15-Minutes Chart Analysis

Analysing on a lower time frame to get a more accurate picture, 459 TAO in trading volume was observed prior to the data release. Prices ranged between a low of 454.20 to a high of 457.50, a 0.72% change. Immediately following, trading volume increased significantly by 986% to 4,988 TAO. At this time, Bittensor hit a low of 455.90 with a high of 463.10, a significant change of 1.55%.

About Consumer Price Index

The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending. The CPI is one of the most popular measures of inflation and deflation. The index is published monthly by the U.S. Bureau of Labor Statistics (BLS).