NYCB, Inc. Shares of (NYSE: NYCB) took a nosedive, dropping 45% in value today following the announcement of a reduced dividend and a surprise deficit in their earnings report. Historically, when banks experience financial losses, Bitcoin typically stands to gain. The situation remains unchanged as BTCUSD reaches unprecedented peaks when compared with the stock price of New York Community Bancorp, which has seen a dramatic one-day decline of 45% in its share value. In March of 2023, Bitcoin experienced a significant upward shift from its lowest price levels following a breakdown within the banking sector. During that period, Signature, Silicon Valley, and Silvergate all experienced significant banking collapses. The stock prices of each bank plummeted before the collapses, signaling to the market that there was a problem. New York Community Bancorp eventually took over Silvergate following certain events. Additionally, according to a certain diagram, the period of gathering alternative cryptocurrencies is almost at its end.