CV Market Watch™: Weekly Crypto Trading Overview (April 26

(BTC) rallied above $5,500 ahead of the weekend, sparking hopes of prices reaching $6,000 soon. In the past week, altcoins suffered while BTC managed to keep its position.

Bitcoin (BTC) reached a sudden peak of $5,863.14 on Friday, adding more than 7% in the past day on a sudden spike of $300 within hours. The spike follows predictions of a rally to $6,000 arriving soon. The Tether (USDT) premium is just $200, meaning BTC prices are fairly even across the board.

The Friday rally arrived on volumes of $17 billion, of which more than 76% were in the USDT pair. The dominance of BTC reached above 55% for the first time in months, suggesting the leading coin is on the move ahead of other assets.

(ETH) spiked to $169.60 on Friday, up more than 8% net this week, on the back of the BTC rally. The Ethereum network is still a central feature in the crypto space, despite the criticisms.

(XRP) returned to its usual level of $0.31, remaining one of the laggers on the market. Still, NASDAQ trading screens will now add XRP information to the data about other leading assets, targ…

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