Bitcoin rose slightly on Thursday, remaining within a limited range as appetite for risk in cryptocurrencies was affected by ongoing concerns about U.S. tariffs and declining economic conditions.

The largest cryptocurrency in the world increased by 0.4% to $105,130 by 16:47 Saudi time, as it struggled to make progress after reaching record levels in late May. Increased profit-taking has also impacted Bitcoin in recent weeks.

Broader cryptocurrency prices tracked Bitcoin's lackluster performance, with only slight gains even as U.S. tech stocks - which are typically leading for cryptocurrencies - rose in recent sessions.

Cryptocurrency markets received little support from Trump Media & Technology Group Corp (NASDAQ:DJT) continuing its plans to list an exchange-traded fund for spot Bitcoin.