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Renminbi impact Flash News List | Blockchain.News
Flash News List

List of Flash News about Renminbi impact

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2025-05-26
13:19
CNH/USD Surge Signals Potential Altcoin and Ethereum (ETH) Rally Amid Dollar Weakness – Crypto Market Analysis

According to Michaël van de Poppe (@CryptoMichNL), the recent increase in CNH/USD and the continuing decline in the US dollar have historically led to strong upward moves in altcoins. Previous instances of Renminbi strength correlated with significant gains in cryptocurrencies, particularly in Ethereum (ETH). Traders should closely monitor CNH/USD movements as a potential leading indicator for altcoin rallies, with ETH likely to benefit if the pattern repeats (Source: Twitter/@CryptoMichNL, May 26, 2025).

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