The cryptocurrency market reaches a new high! According to the latest data from CoinGecko, the total market capitalization of cryptocurrencies has surpassed $3.4 trillion, with a 24-hour increase of 1.3%. This historic breakthrough marks the ongoing attention and investment enthusiasm for digital assets in the market.

Firstly, the growth in market capitalization reflects an increasing confidence among investors in cryptocurrencies, especially against the backdrop of rising global economic uncertainty, as digital currencies are becoming a safe haven for more and more investors.

Secondly, on-chain data analysis shows that trading activity and holding volumes of mainstream currencies are on the rise, indicating an increase in market activity.

Finally, although the market is performing strongly, investors still need to remain cautious and pay attention to market fluctuations and potential risks.