Major coins traded higher on Wednesday evening, as the cryptocurrency market capitalization increased by 8.56% in the last 24 hours to $1.11 trillion. Cryptocurrency Gains (+/-) Price Bitcoin +11% $24,616 Ethereum +8.90% $1,688 Dogecoin +7.51% $0.089 What Happened: The largest cryptocurrency by market value, Bitcoin (CRYPTO: BTC), surged 11% within the past 24 hours and has breached the $24,000 level for the first time in two weeks.