Why was Bitcoin up on Jul 19, 2026, 12:52 AM UTC?

Bitcoin is essentially flat in the short term (-0.05% over 1h) despite being up 1.36% over 24h, suggesting consolidation rather than a directional move. The news items (banking disruption, governance, liquidity concerns, and options positioning) don't clearly explain today's minor price action—this appears to be normal intraday volatility, possibly influenced by the mentioned $1.6B idle liquidity or positioning ahead of Fed meetings later in the month.