Why was Bitcoin down on Jul 23, 2026, 10:28 PM UTC?

Bitcoin's 1.33% 24-hour decline appears linked to macroeconomic factors rather than crypto-specific news—the headline explicitly cites Iran conflict concerns driving oil toward $100 and a bond-yield surge, both of which typically pressure risk assets like Bitcoin. The short-term volatility (small 15min/1h moves) suggests no immediate catalyst, though the regulatory news (SEC/Coinbase settlement, Gemini/Trump PAC transfer) may have modest background influence on sentiment.