Why is Bitcoin up 0.49% Today, July 29, 2026? Ethereum Moves Before the FOMC as Funding, Open Interest and ETF Flows Set Risk Boundaries
Ahead of the July 29 FOMC, BTC and ETH are modestly higher while positioning metrics frame asymmetric event risk. Positive perp funding implies leveraged longs carry risk if guidance is hawkish, while still allowing a squeeze if messaging is dovish. Large but recently trimmed global open interest near USD 400B suggests elevated sensitivity to policy repricing. U.S. spot ETH ETF inflows (USD 9.4M) add slower, post-event confirmation.
AI Insight · ETH/USDTAI Insight
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Bitcoin trades near USD 63,581 and Ethereum near USD 1,885.71 before the July 29 FOMC. Funding, USD 400B open interest and ETF flows frame the decision-risk boundary.