Bitcoin retreats to $75,800 amid Fed caution; US spot ETFs see $450.4 million outflow

The crypto market showed weakness on September 16 as investors braced for the Federal Reserve's interest rate decision. Bitcoin fell to $75,893, while US spot Bitcoin ETFs recorded their largest net outflow since June at $450.4 million. Liquidations over 24 hours totaled $546.79 million, with 84.39% being long positions. Additionally, Bulgaria passed the DAC8 bill, requiring crypto transaction data to be submitted to tax authorities.