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.
2026-06-04
12:45

CleanSpark Sells 654 BTC in May, Total Holdings Reach 13,470

According to CleanSpark's May operational update, the Nasdaq-listed Bitcoin mining company sold 654 BTC in May while maintaining a total Bitcoin holding of 13,470 as of May 31, 2026. The sales comprised 404 BTC from spot sales and 250 BTC from option exercises. CleanSpark produced 671 BTC from minin
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CLSK-4.65%
BTC-0.31%
12:41

Gold Shows Weakness as Physical Markets Cool and Energy Risk Looms

According to the World Gold Council, on June 4, physical gold markets in India and South Korea showed weakness with discount trades, while Japan experienced sporadic selling. Global gold ETF inflows remained weak throughout May. Energy market volatility poses the greatest near-term risk, with oil
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XAUUSD-0.24%
12:41

South Korea's Ruling Democratic Party Wins 12 of 16 Local Seats on June 4

South Korea's ninth local elections saw results announced on June 4, with the ruling Democratic Party securing 12 of 16 provincial governor and metropolitan mayor positions. The opposition People Power Party won four districts, including Seoul, Daegu, and North and South Gyeongsang provinces, with S
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12:33

BTC rebounds 1.19% in 15 minutes: ETF capital outflows and whales exiting in tandem trigger an oversold rebound

From 12:15 to 12:30 UTC on June 4, 2026, BTC quickly rebounded within 15 minutes, with a return of +1.19%. The price ranged from 62,522.3 to 63,397.6 USDT, with a swing of 1.40%. Earlier, Bitcoin had been plummeting for consecutive days. During the June 4 Asian session, it briefly broke below the $62,000 level to $61,338. Over the prior 24 hours, the drop was about -3.6%. This rebound is a technical correction after consecutive declines. The main driver of this move is the resonance between cont
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BTC-0.31%
12:33

ETH rebounds 1.17% in 15 minutes: oversold technicals combined with short covering drive a short-term correction

From 12:15 to 12:30 (UTC) on June 4, 2026, ETH rebounded sharply within a 15-minute window, with a return of +1.17%. The price range was 1,746.84 to 1,768.84 USDT, with a 1.26% amplitude. Previously, ETH fell 12.03% over 7 days and 25.10% over 30 days. The price has pulled back by about 5.8% from the recent high of $1,880 and is at a critical point for a technical rebound, with market attention increasing significantly. The main driver behind this abnormal move was rebound demand following techn
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ETH-4.43%