Why was Bitcoin down on Jul 23, 2026, 2:16 PM UTC?

Bitcoin is down 1.35% over 24h but showing minimal movement in shorter timeframes (-0.06% in 15min, -0.04% in 1h), suggesting consolidation rather than a driven move. The recent news—quantum-proofing initiatives, regulatory expansions, and industry pledges—appears largely positive and doesn't explain the modest decline; this is likely technical consolidation after July's rally, with no major catalyst driving the current price action.