J.P. Morgan- a global leader in financial services with a total assets sum of US$2.9 trillion, provides clients with an engaging life hack. According to analysts of J.P. Morgan, to swell the profit, all you need to do is track Bitcoin's dominance in the whole cryptocurrency space.
To define BTC supremacy it is needed to divide it’s value on the market by the total market-cap of all digital currencies. The obtained result will be the answer to the main question of when to spend money on the most popular cryptocurrency.
Recently the indicator shows Bitcoin dominance at about 45%. Comparatively the data in April was around 60%. However, while Bitcoin is successfully competing with other coins you can make a quick buck by reinvesting your assets. Thanks to today’s exchange rate and fast payments the benefit will not take long. Check it by yourself now!