Why was Bitcoin down on Jul 24, 2026, 12:31 AM UTC?

Bitcoin's modest 2.05% decline over 24 hours appears driven primarily by macroeconomic factors rather than crypto-specific news—the Iran conflict pushing oil toward $100 and bond-yield surges are broad market headwinds that typically pressure risk assets. The corporate/regulatory news (Coinbase payments, SEC settlement, tokenization) seems largely sentiment-neutral and doesn't explain the directional move.