Recaps
The macro event recaps
Recaps of the releases that moved crypto most. Each recap is written individually from the official figures and five-minute price data. Each one tells the story of a single release: what was published, how markets reacted and how it aged. The history pages list every release, year by year.
Release history
CPI history117releases since 2017Every inflation print with the first-print result and Bitcoin's first hour.FOMC history80releases since 2017Every Fed decision, the change to the target range, and the hour that followed.Payrolls history117releases since 2017Every jobs report as first published, and how hard Bitcoin moved.
Latest recaps
US CPI · 14 Oct 2026No relief from gasoline−1.46%Bitcoin, first hour · 3.1× a normal hourFOMC · 16 Sep 2026A turn in the cycle that crypto shrugged off−0.17%Bitcoin, first hour · 0.4× a normal hourUS payrolls (NFP) · 4 Sep 2026Too strong for comfort−2.50%Bitcoin, first hour · 5.4× a normal hourUS CPI · 14 Jul 2026A falling price level, and a market that cared more about Ether+1.58%Bitcoin, first hour · 3.4× a normal hourUS payrolls (NFP) · 8 May 2026Strong enough to hold−0.89%Bitcoin, first hour · 1.9× a normal hourUS payrolls (NFP) · 6 Mar 2026When a weak jobs number split crypto from stocks−1.52%Bitcoin, first hour · 2.8× a normal hour
All recaps
20267 recaps
- US CPI · 14 Oct · No relief from gasoline
- FOMC · 16 Sep · A turn in the cycle that crypto shrugged off
- US payrolls (NFP) · 4 Sep · Too strong for comfort
- US CPI · 14 Jul · A falling price level, and a market that cared more about Ether
- US payrolls (NFP) · 8 May · Strong enough to hold
- US payrolls (NFP) · 6 Mar · When a weak jobs number split crypto from stocks
- US payrolls (NFP) · 11 Feb · A beat on top of a big revision
20254 recaps
- FOMC · 19 Mar · Quieter balance sheet, louder Bitcoin
- US CPI · 12 Feb · Hot, then forgiven
- US payrolls (NFP) · 7 Feb · A softer headline with stronger details
- US CPI · 15 Jan · Core beats headline
202417 recaps
- FOMC · 18 Dec · A cut, with fewer to come
- US payrolls (NFP) · 6 Dec · A rebound month, and a steady climb
- US CPI · 13 Nov · No surprise, new record
- FOMC · 18 Sep · A half-point cut, and a reaction that waited until morning
- US payrolls (NFP) · 6 Sep · Good for 50 minutes, then not
- US CPI · 14 Aug · Good news, bad candle
- FOMC · 12 Jun · Morning gift, evening bill
- US CPI · 12 Jun · Good news at 13:30, a cooler Fed at 19:00
- US payrolls (NFP) · 7 Jun · Too strong for a cut
- US CPI · 15 May · After three hot months, a number markets could live with
- US payrolls (NFP) · 3 May · 175,000 jobs, and a rally that kept going
- FOMC · 1 May · A relief rally with a short fuse
- US CPI · 10 Apr · Three months of 0.4%, and a market that shrugged
- FOMC · 20 Mar · A hold that sounded like relief
- US CPI · 13 Feb · A bad day, then a better one
- US payrolls (NFP) · 2 Feb · A blowout that stocks shrugged off
- US CPI · 11 Jan · The ETF day, not the CPI day
20236 recaps
- FOMC · 13 Dec · The pivot, in dots
- US payrolls (NFP) · 6 Oct · Hot headline, calm wages
- US CPI · 10 May · Under 5%, slowly
- FOMC · 22 Mar · Calm for 45 minutes, then a cliff
- US CPI · 14 Mar · CPI in the week the banks wobbled
- FOMC · 1 Feb · One phrase, a four-hour rally
202223 recaps
- FOMC · 14 Dec · Slower hikes, but more of them
- US CPI · 13 Dec · Good news, priced faster
- US CPI · 10 Nov · The 7.7% print that lifted crypto off the floor, for a few days
- US payrolls (NFP) · 4 Nov · The last calm Friday before FTX
- FOMC · 2 Nov · A rally that lasted half an hour
- US CPI · 13 Oct · Sold on the number, bought by lunchtime
- US payrolls (NFP) · 7 Oct · Not hot, not cool enough
- FOMC · 21 Sep · Down, back, and down again
- US CPI · 13 Sep · Core at 0.6%: the morning the inflation-peak trade unwound
- US payrolls (NFP) · 2 Sep · The softer report of the summer
- US CPI · 10 Aug · Zero, after a year of big numbers
- US payrolls (NFP) · 5 Aug · Too strong for crypto
- FOMC · 27 Jul · The hike that sounded like the beginning of the end
- US CPI · 13 Jul · The peak of US inflation, and the bottom of the reaction
- US payrolls (NFP) · 8 Jul · Strong jobs in a bear market
- FOMC · 15 Jun · Seventy-five basis points, and a reversal during the press conference
- US CPI · 10 Jun · Hopes of a peak, gone in one candle
- US CPI · 11 May · Inflation data meets a stablecoin collapse
- FOMC · 4 May · A relief rally with a short life
- US payrolls (NFP) · 1 Apr · A miss that wasn't weak
- FOMC · 16 Mar · Down for half an hour, up for the rest of the night
- US CPI · 10 Feb · Down 3.9%, then back in an hour
- US payrolls (NFP) · 7 Jan · A weak headline, a tight market
202112 recaps
- FOMC · 15 Dec · Hawkish, and bought anyway
- US CPI · 10 Nov · The inflation print that coincided with Bitcoin's 2021 high
- US CPI · 14 Sep · The first sign of a peak
- US payrolls (NFP) · 3 Sep · A big miss, a small move
- FOMC · 28 Jul · A hawkish word, and a rally anyway
- US payrolls (NFP) · 2 Jul · Beat or miss, Bitcoin went up
- US payrolls (NFP) · 4 Jun · A bounce that started from a dip
- US CPI · 12 May · The inflation surprise that the crypto market barely noticed
- US payrolls (NFP) · 7 May · The big miss
- FOMC · 17 Mar · The Fed promised to wait, and Bitcoin went up
- US payrolls (NFP) · 5 Mar · Good news, bad yields
- FOMC · 27 Jan · Stocks down, crypto up
20206 recaps
- FOMC · 5 Nov · The Fed was the quiet part
- US payrolls (NFP) · 3 Apr · The first pandemic jobs report, and a slide rather than a shock
- FOMC · 23 Mar · The Fed removes the limit
- FOMC · 15 Mar · The Sunday night the Fed went to zero
- FOMC · 3 Mar · The cut that scared markets
- US CPI · 14 Jan · The trend did the talking
20193 recaps
- US payrolls (NFP) · 6 Sep · Cooling, not cracking
- FOMC · 31 Jul · A historic cut, an ordinary hour
- US payrolls (NFP) · 5 Apr · Back to normal
20183 recaps
- US CPI · 12 Jun · A delayed drop
- US CPI · 13 Mar · Down, up, and down again: a CPI hour in the 2018 bear market
- US payrolls (NFP) · 9 Mar · A big jobs number, a crypto story
20176 recaps
- FOMC · 13 Dec · A Fed day in a mania
- US payrolls (NFP) · 8 Dec · The jobs report nobody in crypto was watching
- US payrolls (NFP) · 6 Oct · A distorted number
- US CPI · 14 Sep · A routine CPI print on a very bad day for crypto
- US payrolls (NFP) · 10 Mar · Number one of 117, and not because of jobs
- US CPI · 18 Jan · Volatile before, volatile after
Recaps are added in batches. Figures are first prints from BLS and the Federal Reserve; prices from Bitstamp. How we measure it.