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
19:07

Russia Submits Updated Gulf Security Proposal to GCC and Iran on June 4

According to Russian Foreign Minister Sergey Lavrov, Russia submitted an updated Gulf security proposal to the Gulf Cooperation Council and Iran on June 4. The proposal emphasizes mutual non-aggression and recommends agreements on military transparency, constraints on military operations, and
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18:37

US Treasury Secretary Signals Oil Price Relief Before Labor Day

According to Treasury Secretary Scott Bessent, oil prices have already fallen and the Strait of Hormuz is expected to reopen earlier than initially suggested, signaling potential relief for American consumers ahead of Labor Day on September 7. During a House Ways and Means Committee hearing, Bessent
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18:34

ETH rebounds 1.09% in 15 minutes: RSI triggers a technical correction after being extremely oversold

From 18:15 to 18:30 (UTC) on June 4, 2026, ETH/USDT rose 1.09% within 15 minutes. The price rebounded from around 1,760.35 USDT to 1,779.55 USDT, with a 1.09% range. Against the backdrop of pressure across the broader crypto market, where intraday losses are in the range of -2.72% to -5.89%, the period ended up closing higher against the trend, drawing attention. The main driver behind this deviation is a rebound demand triggered by an extremely oversold technical setup. ETH’s RSI closed at 9.52
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ETH-10.22%
BTC-3.84%