#TradingPairs101 Bitcoin fell on Thursday, remaining in a narrow range as appetite for cryptocurrencies was undermined by ongoing concerns about US trade tariffs and worsening economic conditions.

The world's largest cryptocurrency dropped by 0.7% to $104,696.4 at 09:47 Moscow time, as it failed to gain momentum after reaching record highs at the end of May. Increased profit-taking has also put pressure on Bitcoin in recent weeks.

Broader cryptocurrency prices largely followed Bitcoin's low performance, showing only minor increases, even as US tech sector stocks, which typically set the trend for cryptocurrencies, have risen in recent sessions.