Why was Bitcoin up on Aug 8, 2026, 7:37 AM UTC?

Bitcoin is essentially flat over 15 minutes and 1 hour, with only modest 0.97% gains over 24 hours—suggesting no strong directional catalyst is driving price right now. The news items are mixed (regulatory crackdowns, hacks, skepticism on clarity legislation) but none appear directly tied to this minimal movement, indicating the current price action is likely driven by routine technical trading or intraday volatility rather than headline-driven momentum.