This year has undeniably been horrible for bitcoin (BTC) investors. But if it’s any comfort, some in the stock market have suffered even more.
While BTC is down about 52% year-to-date, a number of companies in the important S&P 500 stock index are in fact down significantly more over the same time period.
In descending order, these are the stocks in the S&P 500 that in terms of year-to-date performance have performed worse than BTC, per data from TradingView’s stock screener at the time of writing:
As can be seen, there are still some investors who are even more unlucky than bitcoin holders.
However, keep in mind that the S&P 500 does consist of 500 companies. And given that we could only find 9 companies that performed worse than BTC, it’s safe to say that most in the stock market have fared better than bitcoin investors this year.
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Learn more: -Bitcoin, Ethereum & Crypto Test New Lows as Market Braces for Bigger Rate Hike on Wednesday - Crypto & Stocks 'Decoupling' Prediction Flops but There's Still Hope- Bullish Sentiment Returns to Gold as Bitcoin Underperforms- Top NFT Collections See Price Crash Amid Crypto Market Panic
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