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.
2026-06-02
18:33

BTC 15-minute down 0.43%: Institutional ETF fund outflows and leveraged long liquidations converge, triggering short-term selling pressure

From 18:15 to 18:30 (UTC) on June 2, 2026, BTC saw a return rate of -0.43% within 15 minutes. The price fell back into the 67,291.3–67,619.7 USDT range, with a range of 0.49%, showing short-term downside pressure in the market. The main driver behind this move is the continued net outflow of institutional funds. Based on SoSoValue data, Bitcoin spot ETFs recorded a net outflow of $2.30 billion in May 2026, the largest monthly outflow in 2026. Since May 15, they have seen six straight trading day
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BTC-3.47%
18:33

ETH falls 0.49% in 15 minutes: order book liquidity depletion and timing of futures settlement triggering short-term sell pressure

From 18:15 to 18:30 UTC on June 2, 2026, the ETH/USDT trading pair fell 0.49% within 15 minutes. The price dropped from 1923.85 USDT to 1912.4 USDT, with a range of 0.60%. The decline during this period was more concentrated than the overall performance for the day (daily drop: -4.03%). Market sentiment was weak, and a tense liquidity atmosphere was prominent. The main driver behind this abnormal move is a structural depletion of order book liquidity. Data shows that the ratio of ETH depth to tr
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ETH-9.41%