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List of Flash News about Chinese capital flows

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2025-05-12
16:35
Renminbi and ETH/BTC Bottom in April Signal Potential Altcoin Rally: Crypto Trading Insights

According to Michaël van de Poppe (@CryptoMichNL), both the Chinese Renminbi and the ETH/BTC trading pair reached their bottoms in April 2025. With the Renminbi showing ongoing strength, traders can expect sustained momentum in the altcoin market. This correlation suggests that capital flows from China and a stronger Chinese currency are supporting increased risk appetite and liquidity for altcoins, enhancing opportunities for crypto traders to capitalize on upward trends. Source: Twitter (@CryptoMichNL, May 12, 2025).

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