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Tesla Motors (TSLA), Yum! Brands (YUM) – Bitcoin launches $ 1T market capitalization again, but Ethereum steals the show with NFT Crypto Craze



Bitcoin (CRYPTO: BTC) market capitalization surpassed $ 1 trillion late Monday night in the press, but was Ethereum (CRYPTO: ETH), second in market capitalization to steal the show.

What happened: BTC traded 6.65% higher at $ 53,844.15 during the press on a 24-hour basis, while ETH rose 7.25% to $ 1,843.42.

In recent days, Ethereum has been fueled by the madness surrounding incombustible symbols.

As a sign of sympathy with the madness of the NFT, the symbols for managing NFT projects also gathered. Monavale (CRYPTO: MONA) the sign of the platform for the exchange of fashion auctions has the highest growth of 52.29% at 1

,748.13 dollars at the time of the press.

Other similar symbols that have been on the way up are Wax (CRYPTO: WAXP), which rose 37.71% to $ 0.192 and Enjin Coin (CRYPTO: ENJ) was up 9.49% to $ 1.82.

Enjin jumped more than 39% on Monday, thanks to the latest positive news and Ethereum, which dragged on the fee reform.

Chile (CRYPTO: CHZ), a native token on the eponymous sports blockchain platform, rose more than 200% in the seven days to Monday.

The token traded 76.11% higher at $ 0.241 during the press release.

Why it is important: In recent days, there has been a lot of noise around NFT, as many artists like Grimes, a partner of Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk, Beaple and Lindsay Lohan publish artwork using technology.

On Monday, Banksy’s artwork, Morons, was destroyed as an NFT token for more than $ 394,000. Injection protocol (CRYPTO: INJ) was the company behind the purchase of Banksy.

Yum! Brands, Inc. (NYSE: YUM) subsidiary Taco Bell also benefited from NFT by releasing Taco-themed art, which sold out shortly after it was released on the Rarible market.

In addition to NFT noise, ETH will benefit from an update this summer that would reduce the total number of tokens used.

Read Next: Beyond bitcoins: China’s publicly listed beauty app Meitu buys $ 22 million Ethereum




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