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
07:19

ETH drops sharply in 15 minutes by 1.12%: technical support breaks along with leveraged liquidations triggering short-term selloff

From 07:00 to 07:15 UTC on June 5, 2026, ETH saw a rapid drop within 15 minutes, with a return of -1.12%. The price range was 1633.5 - 1658.16 USDT, with a swing of 1.49%. This period fell within the active early Asian trading session, when liquidity was relatively low, amplifying price volatility and clearly weighing on market sentiment. The main driver behind this abnormal move was technical selling pressure triggered by the breakdown of a key technical support level. After ETH broke below the
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ETH3.61%
07:17

BTC drops 0.73% in 15 minutes: Weak technical outlook and synchronized bearish sentiment continue the downtrend

From 07:00 to 07:15 UTC on June 5, 2026, BTC saw a -0.73% return, trading between 61,379.0 and 61,986.7 USDT, with a 0.98% amplitude. Short-term volatility has increased, and the market continues its recent weak trend. The main driver behind this move is the resonance between the ongoing downtrend and structural issues in the derivatives market. Over the past 7 days, BTC has fallen by -13.35%. The price has effectively broken below the 50-day moving average ($76,458) and the 200-day moving avera
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BTC1.36%