Bitcoin (BTC) reclaimed the spotlight in the cryptocurrency market on Wednesday, surpassing the $1 trillion market cap threshold once more. As of 3 p.m. ET, Bitcoin surged by 5.3% over the last 24 hours. This upward momentum propelled Coinbase Global (NASDAQ: COIN) and MicroStrategy (NASDAQ: MSTR) to notable gains, with Coinbase surging by as much as 14.5% and MicroStrategy by 12.8%. Presently, both stocks are trading higher, with Coinbase up by 13.7% and MicroStrategy by 12.2%.