Why was Bitcoin up on Jul 21, 2026, 11:31 PM UTC?

Bitcoin is up 1.73% over 24h with minimal intraday movement (0.12-0.16%), suggesting consolidation rather than a strong directional push. The recent news—regulatory developments (Digital Chamber lawsuit, Clarity Act progress) and quantum computing initiatives—appears largely positive but incremental; none of it explains the modest overnight gains, which are more likely driven by technical positioning or general market sentiment ahead of the $68,000 resistance level mentioned in analyst commentary.