Why was Bitcoin down on Sep 7, 2026, 1:37 PM UTC?

Bitcoin is down slightly (-0.31% in 24h) with minimal intraday movement, likely driven by technical factors rather than the recent news. The Coldcard hack and whale distribution headlines don't appear directly connected to this modest decline; instead, the movement seems more consistent with consolidation around support levels and macro sensitivity to Treasury yields, as mentioned in the news. The overall stability suggests the market is waiting for clearer directional catalysts.