SUI, BCH and Hedera's HBAR led Friday gains in the CoinDesk 20 Index, with one analyst saying this week's crypto rally is likely the beginning of BTC's climb to fresh record prices.

By Krisztian Sandor|Edited by Aoyon Ashraf

Updated Apr 26, 2025, 3:18 a.m.Published Apr 26, 2025, 3:09 a.m.

What to know:

  • Bitcoin's 11% surge to $95,000 this week is on track to be the asset's strongest weekly performance since November 2024.

  • U.S.-listed spot bitcoin ETFs saw $2.68 billion in net inflows this week until Thursday, the largest since December.

  • Bitcoin could surpass $130,000 by late 2025, early 2026, the CIO of Ledn predicted.

Bitcoin (BTC) continued its spring rally on Friday and is on track for its strongest weekly showing since Trump's election victory.

The largest and oldest cryptocurrency held around $95,000 during U.S. afternoon hours, up 1.8% over the past 24 hours. Ethereum’s ether (ETH) followed closely, gaining 2% to hover just over $1,800. Sui’s native (SUI), Bitcoin Cash (BCH), and Hedera’s HBAR led gains in the broad-market crypto benchmark CoinDesk 20 Index.

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