Bitcoin, other leading cryptocurrencies pulled back, with Bitcoin retreating to the $73,000 region, while Ether, XRP, Dogecoin also saw a correction. Over $200 million was liquidated from the cryptocurrency market over the past 24 hours, with open interest in Bitcoin futures falling 3.94%. Over half of Binance's retail derivatives traders positioned short on Bitcoin, while over half of whale traders favored the longs. The Federal Reserve's policy decision on rate cuts is expected to be made on Wednesday. The global cryptocurrency market capitalization stood at $2.57 trillion, following a 4.48% increase over the last 24 hours.