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Bitcoin Now Buys You the Least Amount of Bank of New York Mellon in the Past Year
By Market News Video Staff, Monday, September 19, 10:18 AM ET
Here at CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time.
We noticed that as of 9/16/2022, Bitcoin ($BTC) can buy you the least amount of Bank of New York Mellon shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of BK with the proceeds, you would only be able to buy 444.21 shares of BK. That's versus a high amount of 1146.12 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:
The main driver of the above bar chart has, of course, been the performance of Bank of New York Mellon shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis:
Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!
This Article's Word Cloud:BankBitcoinCheckCryptoCryptocurrenciesChannelHereMellonNoteThatYorkableaboveadditionalamountassetassetsbasisbeencalculatechartchartedchartscoincomparecomparisonscoursedigitaldividendsdriverexamplefindfollowherehighhistoricalincludedinterestingleastlooksmainmarketoverpastperformancesharesstockthatvariousversusyear
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