Major coins traded in the red on Wednesday evening, as the cryptocurrency market capitalization declined by 0.62% in the last 24 hours to $1.10 trillion, recorded at 8:30 p.m. EST. Cryptocurrency Gains (+/-) Price Bitcoin -0.93% $24,166 Ethereum -1.05% $1,641 Dogecoin -0.03% $0.085 What Happened: Apex crypto Bitcoin (CRYPTO: BTC) was trading below $25,000 after the Federal Open Market Committee released its report, detailing the signs of slowing economic expansion, which was a positive sign for many investors anticipating more dovish monetary policy.