Bitcoin has mostly traded around $74,000 on Wednesday as investors waited for the Federal Reserve's policy decision. However, as of press time, Bitcoin has just lost the $73,500 support, with a route to $72,000 now in sight.

The meeting is expected to leave the federal funds target range at 3.50% to 3.75% while updating projections for inflation, growth, and unemployment after the Middle East conflict pushed energy prices higher.

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