Apple soars, bitcoin and ethereum fall: Tuesday's market trends
Yahoo Finance's Jared Blikre joins Asking for a Trend to break down Tuesday's market trends. Apple (AAPL) has reached a new all-time high, rising about 7% intraday. Blikre notes that the probability of this movement being a false breakout is an unlikely high-risk scenario. Stock volume in the overall market has recently plummeted. Although volume is currently less than average, Blikre believes that it will normalize through the summer. Finally, bitcoin (BTC-USD) and ethereum (ETH-USD) are having their worst day in five weeks, which he also expects to normalize over the coming months. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
