Why was Bitcoin down on Jul 23, 2026, 10:10 AM UTC?

Bitcoin's modest negative movement (-0.34% in 24h) appears driven by macro headwinds: rising oil prices and interest rates are creating broader market pressure on risk assets. The security incidents ($35M in protocol losses) and declining odds for crypto-friendly legislation (Clarity Act at 38%) add minor negative sentiment, though they don't fully explain the small price shift—this looks primarily like technical consolidation around $65k rather than a directional move tied to any single headline.