The crypto assets market has recently experienced a pullback, with Bitcoin prices fluctuating around $113,000. Data shows that approximately $523 million in trading positions were liquidated across the network in the past 24 hours.

The recent market volatility occurred just as the Federal Reserve is about to announce its interest rate decision. Investors are generally taking a wait-and-see approach, awaiting the speech from the Federal Reserve Chairman.

Bitcoin has fallen from this week's high of $116,000 to around $112,800, a decline of nearly 3%. Ethereum has also not been spared, dropping about 2% and hovering around the $4,000 mark. Other major crypto assets like Solana (SOL) and Dogecoin have also seen varying degrees of decline.

However, some small-cap Crypto Assets are rising against the trend. Projects like Pi Token, Aerodrome Finance, and Official Trump recorded increases of about 15%, 10%, and 9%, respectively, showcasing the market's divergence.

This pullback has had a significant impact on leveraged traders. Among the $523 million in liquidated positions, the long positions accounted for a large portion, approximately $397 million, while the short liquidation amounted to $157 million. It is worth noting that the single largest liquidation event occurred on the Hyperliquid platform.

The recent adjustment in the Crypto Assets market coincides with the Federal Reserve's monetary policy decision, highlighting the impact of macroeconomic factors on the digital asset market. Investors are closely monitoring the Fed's policy direction to assess future market trends.