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.
2026-06-07
01:18

ETH spikes up 1.40% in the short term: deleveraging completed, coupled with institutional capital entering the market, driving a technical rebound

From 01:00 to 01:15 (UTC) on June 7, 2026, ETH saw a short-term surge within 15 minutes, with a return of +1.40%. The price ranged from 1564.23 to 1587.33 USDT, with a 1.48% amplitude. Against the backdrop of continued tightening of macro liquidity earlier and the Fed’s relatively hawkish tone weighing on risk assets, this move signals a partial, temporary restoration of market sentiment, drawing attention from short-term traders. The main driving force behind this move is that the deleveraging
More
ETH2.56%
BTC1.43%