Bitcoin slightly declined on Friday, while the broader cryptocurrency market barely moved forward, despite an improved risk appetite after U.S. President Donald Trump postponed a decision on a possible attack on Iran.

The world's largest cryptocurrency is heading for its second consecutive week of small losses, fluctuating within a narrow trading range established after reaching record highs in early June.

Bitcoin fell by 0.3% to $104,580.4 as of 08:58 Moscow time.

Cryptocurrency trading volumes were also muted due to the holiday in U.S. markets on Thursday, while the sector was still recovering from hawkish comments made by the Federal Reserve earlier this week.