Why was Bitcoin down on Jul 24, 2026, 3:04 PM UTC?

Bitcoin is down 1.36% over 24h with minimal intraday movement (0.29% up in 15min, -0.15% in 1h), suggesting consolidation rather than driven selling. The news mix is neutral-to-mixed—regulatory headwinds (EU sanctions on crypto networks, Trump limits discussion) likely create mild downward pressure, but this doesn't fully explain the modest decline. No single headline appears to be triggering the movement; this looks more like baseline market drift or technical positioning.