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Buying Power of Bitcoin vs. JPMorgan Chase at New 52-Week Low
By Market News Video Staff, Monday, September 19, 10:30 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 9/19/2022, Bitcoin ($BTC) can buy you the least amount of JPMorgan Chase shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of JPM with the proceeds, you would only be able to buy 160.56 shares of JPM. That's versus a high amount of 399.85 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 JPMorgan Chase 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:BitcoinChaseCheckCryptoCryptocurrenciesChannelHereJPMorganNoteThatableaboveadditionalamountassetassetsbasisbeencalculatechartchartedchartscoincomparecomparisonscoursedigitaldividendsdriverexamplefindfollowherehighhistoricalincludedinterestingleastlooksmainmarketmonthsoverpastperformancesharesstockthatvariousversusyear
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