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.
2026-06-05
05:04

ETH 15-minute short-term rally +0.82%: technical oversold rebound converges with short covering

Between 04:45 and 05:00 (UTC) on June 5, 2026, ETH recorded a +0.82% return within 15 minutes. The price ranged from 1,725.35 to 1,745.95 USDT, with a swing of 1.19%. This modest uptick occurred amid ETH’s long-term downtrend, during which it had cumulatively fallen by about 60% from its all-time high in August 2025, and it falls under the category of short-term technical correction. The primary driver behind this move is a demand for a technical oversold rebound. The RSI indicator had already f
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ETH0.76%
04:43

Citigroup Stock Hits 18-Year High, Up 4% on Fed Optimism

Yesterday (June 4), Citigroup (C) stock surged 4% to $135.15, marking its highest close since November 2008, as U.S. bank stocks rallied broadly on positive signals from Federal Reserve officials. Citigroup intraday reached $135.67, its highest level in nearly 18 years, amid market confidence in
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C12.43%
SPX7.56%
BAC5.27%
04:33

BTC rebounds 0.60% in 15 minutes: technical repair after large-scale liquidations, but macro pressure remains

Within the June 5, 2026 04:15 to 04:30 (UTC) time window, Bitcoin saw a short-term rebound, with a return rate of +0.60%. The price range was 62,657.1 - 63,239.7 USDT, and the amplitude was 0.93%. This rebound occurred after a sharp market pullback, and overall sentiment remains cautious. The main driver behind this unusual move is a technical rebound following large-scale deleveraging in the derivatives market. Based on CoinGlass data, in the past 24 hours, more than 160,000 positions were liqu
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BTC0.81%