Why was Bitcoin down on Aug 1, 2026, 10:40 PM UTC?

Bitcoin's flat price action (essentially unchanged over 15 minutes to 1 hour, down only 0.15% in 24h) doesn't clearly correlate with the recent news cycle. While the cold-wallet attack and mining difficulty decline are bearish developments, they haven't triggered significant selling pressure. The minimal movement suggests the market is consolidating rather than reacting to these headlines.