Why was Bitcoin down on Jul 23, 2026, 4:19 PM UTC?

Bitcoin's modest 24h decline of -1.76% doesn't appear directly tied to the news provided—the SEC settlement with Coinbase, quantum-proofing initiatives, and licensing updates are generally positive or neutral developments. The flat short-term movements (15min and 1h) suggest this is likely minor technical volatility rather than a reaction to specific catalysts.