Why was Bitcoin down on Aug 12, 2026, 11:43 AM UTC?

Bitcoin is essentially flat (±0.25% in 24h), with minimal intraday movement despite mixed news. The headlines—regulatory restrictions in Russia, AI infrastructure gains, Fidelity ETF expansion, and large wallet movements—don't clearly explain the stagnation, suggesting the price is currently held by technical levels or waiting for the U.S. inflation data mentioned as "looming," which likely represents the real near-term catalyst.