Why was Bitcoin down on Jul 22, 2026, 11:37 AM UTC?

Bitcoin is down 0.38% over 24h but showing minimal movement in shorter timeframes (0.09-0.12%), suggesting consolidation rather than directional conviction. The mixed news—ranging from macro concerns (inflation, oil prices, interest rates) to crypto-specific issues (exchange hacks, stablecoin collapse)—doesn't clearly explain the modest decline; traders appear to be awaiting Alphabet earnings as a potential catalyst for the broader market direction.