How Bittensor (TAO) reacts to macro news
Bittensor (TAO) has data for 108 scheduled macro releases across 10 event types. The biggest average +1h move came after US Producer Price Index (PPI) (0.92%), the smallest after US initial jobless claims (0.52%). Relative to a normal hour, US PPI stands out: the first hour is 4.7× a typical hour's move.
Next release that moves TAO: FOMC rate decision,
Small sample: TAO has only traded on Bitstamp since 21 Jan 2026, so every figure here rests on a handful of releases.
Thin trading: TAO trades thinly on Bitstamp. In 59 of 108 releases (55%) its price did not change at all by +1h, so these averages understate how much TAO moves on busier exchanges.
Every event, ranked
Average absolute move after scheduled releases, % of releases where TAO was higher at +1h, the first-hour move vs a normal hour (crypto only), and the number of releases. Click a column to sort; click an event for every release.
| Event | +5m | +1h | +4h | +24h | % up +1h | vs normal hour | n |
|---|---|---|---|---|---|---|---|
| US Consumer Price Index (CPI) small n | 0.41% | 1.30% | 2.27% | 3.06% | 33% | 6.8× | 9 |
| US Nonfarm Payrolls (NFP) small n | 0.41% | 1.17% | 1.42% | 2.59% | 33% | 5.9× | 9 |
| US Producer Price Index (PPI) small n | 0.54% | 0.92% | 2.04% | 3.79% | 20% | 4.7× | 10 |
| UK Consumer Price Index (CPI) small n | 0.10% | 0.57% | 1.39% | 3.85% | 22% | 5.5× | 9 |
| US initial jobless claims | 0.03% | 0.52% | 2.11% | 4.65% | 23% | 2.6× | 39 |
| FOMC rate decision small n | 0.46% | 0.48% | 2.02% | 4.87% | 67% | 2.6× | 6 |
| US PCE inflation (Personal Income and Outlays) small n | 0.00% | 0.19% | 0.95% | 4.55% | 11% | 1.0× | 9 |
| Bank of England rate decision small n | 0.00% | 0.09% | 1.26% | 7.59% | 33% | 0.6× | 6 |
| US retail sales small n | 0.01% | 0.03% | 2.07% | 5.00% | 12% | 0.1× | 8 |
| US GDP (advance estimate) small n | 0.00% | 0.00% | 0.28% | 2.84% | 0% | – | 3 |
Past releases, not a forecast. Averages hide big differences between individual releases; open an event to see them all.