Bitcoin traded near $111,175 at press time, with an intraday high of $111,716 and a low of $108,505. Ether was around $4,321, with a session range of $4,264 to $4,401. Price composites vary by venue, so use exchange dashboards for execution.
Funding and open interest
Perpetuals funding on major venues is close to flat according to CoinGlass dashboards, a signal that one sided leverage is limited midweek.
Compare OI-weighted funding for BTC and ETH, and watch for drift if rate expectations move after U.S. data. Neutral or slightly positive funding tends to align with range trading, while sharp positive funding into data can flag crowding.
Macro timing and probabilities
The Federal Reserve meets September 16 to 17. The policy statement posts at 14:00 Eastern on day two, with a 14:30 Eastern press conference, per the Fed’s meeting calendar.
CME FedWatch shows traders assigning a high probability to a September rate cut, with distribution shifting intra-day as futures trade.
Market breadth and dominance
Global crypto market value on trackers sits around the mid-$3.7 trillion area this morning. Bitcoin dominance is in the mid-50s on CoinGecko’s global charts, with stablecoins near $287 billion in market value.
Execution notes for data days
The U.S. Employment Situation is due Friday, September 5 at 12:30 UTC. Spreads often widen for a few minutes around the print. Keep order size matched to depth at 1 percent and 2 percent on your main pairs.
If stablecoin exchange inflows increase ahead of the release, basis gaps across venues can open and then close within the hour.
FAQs
When is the next Fed decision published? The statement posts at 14:00 Eastern on day two of the meeting, with a 14:30 Eastern press briefing.
Where are live rate odds? CME FedWatch shows implied probabilities from fed funds futures.
How can I check funding in one place? CoinGlass offers a consolidated view of OI-weighted and venue funding for BTC and ETH.
What is global crypto market value today? Use CoinMarketCap and CoinGecko for parallel checks. Methodology differs, so levels can vary.
When is the U.S. jobs report this week? Friday, September 5 at 12:30 UTC, per the BLS schedule.
Disclaimer, This article is for information only. It is not investment advice.
Disclaimer
This article is provided for information only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
