Bitcoin trades sideways following Fed rate hike, Ethereum sees $60.34 million in liquidations

The crypto market opened with a cautious tone on September 21 following the Federal Reserve's 0.25 percentage point interest rate hike, which brought the benchmark rate to 3.75–4.00%. While price volatility remained limited, the market experienced a decline in trading volume and a reduction in long positions. Total liquidations over the past 24 hours reached $184.05 million, with Ethereum leading at $60.34 million, followed by Bitcoin at $55.84 million. Additionally, Hyperliquid's open interest surpassed $8 billion, and reports emerged regarding a potential private key leakage in certain versions of the FOMOPIC iOS app.