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2025-05-13
21:25
Renminbi Surge Drives Ethereum and Bitcoin Higher: ETH Outperforms as BTC Nears All-Time High 2025

According to Michaël van de Poppe (@CryptoMichNL), the ongoing appreciation of the Chinese Renminbi is correlated with sustained upward momentum in Ethereum (ETH), which continues to outperform other cryptocurrencies. He notes that Bitcoin (BTC) is on track to approach a new all-time high within the next 1-2 weeks, highlighting a bullish trend for major cryptocurrencies. Traders should monitor yuan strength as a macro factor influencing crypto inflows and price action, especially as ETH shows relative outperformance (Source: Twitter/@CryptoMichNL, May 13, 2025).

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