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Cryptocurrency prices declined during trading on Friday, deepening their losses amid limited trading, as investor concerns about U.S. trade policies continued, and investors shied away from high-risk assets.

Profit-taking activity in Bitcoin saw a significant increase, with realized profits adjusted to over $500 million during the current week, according to data from analytics firm "Glassnode".

Despite the recent gains recorded by U.S. technology stocks, these increases have not significantly reflected in the cryptocurrency market, where most alternative coins have declined.

Markets remain under strong pressure due to uncertainty regarding U.S. trade policies, trade tensions between the world's two largest economies, and escalating concerns about a slowdown in the U.S. labor market, after recent data showed a decline in the employment rate.

The price of Bitcoin fell by 1.68% during today's session to trade at $102,900.4, after reaching unprecedented record levels at the end of last month, supported by a temporary truce between the United States and China.

The market capitalization of the world's most popular cryptocurrency stabilized at $2.04 trillion, and its trading volume over the last 24 hours reached $79.970 billion.$