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
23:04

ETH surges 4.35% in the short term: technical oversold rebound combined with expectations for the GlAmsterdam upgrade

Between 22:00 and 23:00 UTC on June 7, 2026, the price of ETH saw a clear spike, with a return rate of +4.35%. The price ranged from 1,629.14 to 1,708.86 USDT, with a 4.88% amplitude. Market volatility intensified, and trading sentiment warmed up rapidly. The main driver behind this move was the resonance between a technical oversold rebound and expectations for the Glamsterdam upgrade. In early June, ETH was already at a notably low level; on the 14th, RSI was close to an oversold threshold of
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ETH-3.06%
23:04

BTC rebounds 3.10% in 1 hour: technical rebound after leverage liquidation and a convergence of buying from institutions that diverge

Between 22:00 and 23:00 UTC on June 7, 2026, the BTC price rebounded from 61,725.2 USDT to 63,736.7 USDT, delivering a +3.10% return, with a swing of 3.26%. After a rapid selloff from late May to early June, the market saw a technical rebound near key support levels. The main driver behind this move was a technical repair following deleveraging. In late May, more than 160,000 people were liquidated within 24 hours, with total liquidation amount exceeding $900 million; long positions accounted fo
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BTC-3.97%
22:31

Zelenskyy Confirms June 7 Meeting With Russian Businessman Abramovich

According to CCTV, Ukrainian President Volodymyr Zelenskyy confirmed on June 7 that he met with Russian businessman Roman Abramovich in Kyiv. Zelenskyy revealed that Abramovich traveled to the capital to relay messages and sought to gather Ukraine's positions and demands for transmission to Russian
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22:21

BTC surges 3.10% in 15 minutes: oversold rebound plus support at the 60,000 integer level triggers a short-term correction

From 22:00 to 22:15 (UTC) on June 7, 2026, BTC surged rapidly within 15 minutes, with a return of +3.10%. The price ranged from 61,725.2 to 63,736.7 USDT, with a volatility of 3.26%. After recently falling from above $71,000 to around $60,000, BTC found buy-side support at a key integer level; a short-term technical correction rally appeared, and market volatility has noticeably intensified. The main driver behind this move is a combination of oversold rebound demand and buy-side follow-through
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BTC-3.97%
22:18

ETH surges 4.35% in 15 minutes: short-term rally driven by expectations for the Glamsterdam upgrade and a technical breakout

From 22:00 to 22:15 UTC on June 7, 2026, ETH surged rapidly within 15 minutes, with a return of +4.35%. The price range was 1,629.14 to 1,708.86 USDT, with a volatility of 4.88%. This move occurred during Ethereum’s technical upgrade window period, when market volatility clearly intensified. The main driver behind this anomaly was expectations for the Glamsterdam upgrade. The Glamsterdam upgrade is scheduled for deployment in June 2026 and is expected to triple Layer 1 throughput. This fundament
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ETH-3.06%