Bitcoin has hardly changed on Friday after a recent rise that brought the cryptocurrency closer to surpassing the $100,000 mark, as risk appetite strengthened following signals from China about willingness to engage in trade talks with the United States.

Investor sentiment also improved after major corporate holder Strategy (NASDAQ:MSTR) announced a stock issuance worth $21 billion, although the company also reported a loss for the fifth consecutive quarter.

Cryptocurrency prices overall also rose on Friday after China's comments, following an increase in risk-oriented markets, particularly in the stock markets. However, the scale of the cryptocurrency growth was limited as the strong rally that lasted until the end of April now appears to be weakening.

Bitcoin stabilized at $96,999.0 after earlier in the session rising to $97,226.1.