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
15:39

European Major Indices Rise on June 2; Italian MIB Gains 1.62%

On June 2, European major indices closed higher across the board. Italy's FTSE MIB index led gains, rising 805.34 points to 1.62%, closing at 50,580.50. The European Stoxx 50 rose 1.21% to 6,107.75. France's CAC 40 gained 0.77% to 8,209.09, Spain's IBEX 35 rose 0.71% to 18,273.54, Germany's DAX 30 a
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15:33

BTC plunges 0.59% in 15 minutes: ETF consecutive net outflows and macro pressure trigger short-term selling pressure

Within a 15-minute window from 15:15 to 15:30 UTC on June 2, 2026, the BTC price fell 0.59%, trading in the range of 67,370.0-67,858.8 USDT, with a swing of 0.72%. Market volatility has intensified, and there is clear short-term downside pressure. The main driver behind this anomaly is continued institutional fund outflows. U.S. spot Bitcoin ETFs have posted net outflows for 11 consecutive trading days, with cumulative outflows of more than $3.4 billion. On the week of June 2, 2026, the largest
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BTC-4.68%
15:33

ETH drops 1.14% in 15 minutes: technical breakdown in Bitcoin triggers coordinated market liquidation

From 15:15 to 15:30 (UTC) on June 2, 2026, ETH plunged 1.14% within 15 minutes. Its price fell from 1,935.12 USDT to 1,908.02 USDT, with a swing of 1.40%. The anomaly occurred against the backdrop of Bitcoin breaking below the $71,000 key support level that day, when the broader market was in extreme fear; the Fear & Greed Index briefly dropped to the 10–11 range. The main driver behind this move was system-wide selling triggered by Bitcoin’s technical breakdown. Bitcoin extended Monday’s downtr
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ETH-11.14%
BTC-4.68%