Since 14. July 2023 there has been a minor earthquake swarm close to Skjaldbreið lava shield just south of Presthnjúkur volcano. Largest earthquake took place yesterday (20. July 2023), with a magnitude of Mw3,0.
This is tectonic earthquake swarm and its just normal activity. Its not connected to eruption in Fagradalsfjall mountain, because its outside of that area influence. This earthquake swarm is ongoing at the writing of this article.