September 25 Morning Briefing: Fed Rate Hike Concerns Resurface, Bitcoin Stagnates as Ethereum Gains

Market sentiment remains cautious as Federal Reserve officials suggest potential further interest rate hikes this year if inflation persists. Bitcoin remains flat while Ethereum and select altcoins show relative strength. Key developments include 269.42 million dollars in 24-hour liquidations with 65.54 percent long positions, 999 million dollars in net inflows for U.S. spot Bitcoin ETFs, new U.S. regulatory proposals for stablecoin issuers regarding AML and KYC, and a lawsuit by New York state against Polymarket for alleged unlicensed gambling operations.