Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-06-07
22:21

BTC surges 3.10% in 15 minutes: oversold rebound plus support at the 60,000 integer level triggers a short-term correction

From 22:00 to 22:15 (UTC) on June 7, 2026, BTC surged rapidly within 15 minutes, with a return of +3.10%. The price ranged from 61,725.2 to 63,736.7 USDT, with a volatility of 3.26%. After recently falling from above $71,000 to around $60,000, BTC found buy-side support at a key integer level; a short-term technical correction rally appeared, and market volatility has noticeably intensified. The main driver behind this move is a combination of oversold rebound demand and buy-side follow-through
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BTC-3.09%
22:18

ETH surges 4.35% in 15 minutes: short-term rally driven by expectations for the Glamsterdam upgrade and a technical breakout

From 22:00 to 22:15 UTC on June 7, 2026, ETH surged rapidly within 15 minutes, with a return of +4.35%. The price range was 1,629.14 to 1,708.86 USDT, with a volatility of 4.88%. This move occurred during Ethereum’s technical upgrade window period, when market volatility clearly intensified. The main driver behind this anomaly was expectations for the Glamsterdam upgrade. The Glamsterdam upgrade is scheduled for deployment in June 2026 and is expected to triple Layer 1 throughput. This fundament
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ETH-3.52%