Cryptocurrencies market cap raises over 1.24 trillion

The combined value of over 6,000 cryptocurrencies hit $1.24 trillion on Saturday morning. The new all-time high came after one month it passed $1.1 trillion on January 10, 2021. Elon Musks tweets have supported the rise significantly by posting: "bitcoin is a good thing" and "im late for the party", for example.