Investing.com-- Bitcoin rose slightly on Friday, but gains remain limited as crypto markets continue to make little headway even as broader risk appetite improved after U.S. President Donald Trump postponed a decision on whether to attack Iran.

The world’s largest cryptocurrency added 1.7% to $106,190.0 by 09:12 ET (05:58 GMT).

Crypto trading volumes were also muted on account of a U.S. market holiday on Thursday, while the sector was still reeling from hawkish comments from the Federal Reserve made earlier this week.

Bitcoin range-bound this week; Trump to decide on Iran in ‘two weeks’

Bitcoin saw marginal gains this week, remaining squarely within a $103,000 to $108,000 trading range seen through most of June.

Crypto markets were little enthused by Trump stating that he will decide on whether to involve the U.S. in the Israel-Iran war within “two weeks.”

Other risk-driven markets were seen advancing after the comment, with Asian stocks and currencies trading higher on Friday, while gold slid.

Trump’s comment, which was relayed by the White House, helped soothe some concerns that a U.S. strike against Iran– which could mark a major escalation in the conflict– was not imminent, especially after scores of media reports said such a scenario could happen this week.

But Trump’s two-week deadline still left markets somewhat uncertain, given that the president has used “two weeks” as a placeholder of sorts when flagging a delay on major policy decisions or announcements.

Thailand asks for public input on rules allowing exchanges to list own tokens

Among other developments in the crypto space, Thailand’s Securities and Exchange Commission (SEC) has opened a public consultation on proposed changes to its crypto asset listing rules, aiming to "align with the evolving context" of the industry while supporting innovation and investor protection.

The proposed updates include allowing exchanges to list utility tokens issued by themselves or affiliated entities. Another key change would require platforms to reveal the names of individuals linked to listed tokens and introduce system alerts to help regulators detect insider trading.

If adopted, exchanges would have 90 days to disclose those names for existing tokens.

The SEC is accepting public feedback until July 21.

Crypto price today: altcoins rangebound, hawkish Fed comments weigh

Broader crypto prices were also largely rangebound on Friday, extending their muted performance after hawkish comments from the Fed somewhat rattled speculative assets earlier this week.

World no.2 crypto Ether climbed 1.4% to $2,555.64, while XRP rose 1.2% to $2.17.

Solana inched higher 1.9%, while Cardano added around 1%.

Among meme tokens, Dogecoin advanced 1.2%, while $TRUMP climbed nearly 1%.

The Fed earlier this week kept interest rates unchanged, as expected. But the central bank presented a non-committal stance on any potential rate cuts, while also warning that sticky inflation was likely to deter any future easing.

Chair Jerome Powell maintained the Fed’s forecast of two rate cuts in 2025, but slightly trimmed the rate cut forecast for 2026.

Higher for longer rates stand to especially dent speculative assets such as crypto, given that they limit the amount of capital that can be deployed into the sector. The Fed’s rate hike spree through 2022 and 2023 had decimated crypto prices for an extended period, before a rebound in late-2023 and 2024.

(Ambar Warrick contributed to this report.)