List of Flash News about Chinese Renminbi
Time | Details |
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2025-09-13 13:35 |
ETH/BTC vs CNH/USD Correlation Points to Bottom: 2016 & 2019 Precedents; Analyst Says Uptrend Underway
According to @CryptoMichNL, the CNH/USD and ETH/BTC pairs have historically bottomed at the same time, with notable lows in November 2016 and September 2019 aligning across both markets (source: X post by @CryptoMichNL, Sep 13, 2025). According to @CryptoMichNL, he now sees a fresh bottom and an emerging uptrend in both CNH/USD and ETH/BTC, which, if sustained, implies ETH outperforming BTC on the relative pair (source: X post by @CryptoMichNL, Sep 13, 2025). According to @CryptoMichNL, traders tracking this correlation can monitor ETH/BTC for continuation signals consistent with the stated uptrend thesis to position for relative strength in ETH over BTC (source: X post by @CryptoMichNL, Sep 13, 2025). |
2025-04-29 19:30 |
Chinese Renminbi Surge Signals Bullish Momentum for ETH/BTC Pair and Altcoin Market Cycle
According to Michaël van de Poppe (@CryptoMichNL), the recent spike in the Chinese Renminbi is correlating with Ethereum outperforming Bitcoin in the ETH/BTC trading pair. This shift indicates growing investor interest in altcoins, suggesting the early stages of a new altcoin market cycle. Traders should monitor ETH/BTC price action and Renminbi movements for potential trading opportunities and sector rotation signals in altcoins. Source: Michaël van de Poppe on Twitter (April 29, 2025). |