Shares of Modena fell 4.4%, Pfizer fell 2%, Novavax fell nearly 1% and BioNTech fell 2.6%. The US Senate Finance Committee supported the nomination of "anti-vaccine" Kennedy Jr., the US health secretary.
Asmeo shares fell 6%, and other chip stocks also fell.
According to Lookonchain, a whale bought another 545 BTC ($30.82 million) after the BTC price fell. The whale bought 862 BTC ($49 million) from the bottom at an average price of $56,993 over the past 3 days.
Grey release analysis points out that one of the reasons for the relatively large decline in the price of Ethereum appears to be the excessive long position in perpetual futures. In May 2024, as the Securities Exchange Commission (SEC) approved the issuer's 19b-4 application for the US spot Ethereum exchange-traded product (ETP), traders significantly increased their total positions in perpetual futures, perhaps in anticipation of further price increases following full regulatory approval...
Shares of Merck (MRK. N) fell 6 percent, touching their lowest level since March 15.