TAO Volatility Analysis for CPI, 10th April 2025

Data Analysis

The data released by Bureau of Labor Statistics for Consumer Price Index on 10th April, 2025 has come in at a decrease to 0.2% for March 2025. Compared to the previous release for February 2025 at 0.4%, we can see that prices & inflation is still increasing but slowed 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 19,742 TAO with prices swinging between 231.30 and 239.10, representing a swing of 3.26%. Subsequently, the trading volume increased significantly by 197% to 58,672 TAO. Price action ranged from a low of 225.80 to a high of 242.60, a significant difference of 6.92%

15-Minutes Chart Analysis

Analysing on a lower time frame to get a more accurate picture, 2,973 TAO in trading volume was observed prior to the data release. Prices ranged between a low of 234.60 to a high of 239.10, a 1.88% change. Immediately following, trading volume increased significantly by 229% to 9,772 TAO. At this time, Bittensor hit a low of 236.80 with a high of 241.00, a change of 1.74%.

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).