As the Fed's decision was awaited, bitcoin traded flat below $28,000 in the morning session on Tuesday.
The daily change in BTC was +0.76%. On Monday, March 20, the asset's price reached $27,684.0.
Bitcoin's total capitalization was 541,449,133,731 US dollars. At the same time, the world's largest cryptocurrency hit a nine-month high of $28,527 on Monday amid hopes that the US Federal Reserve will ease up on interest rate hikes.