You should expect Torque Pro values to be different than those measured at the battery terminals – The BT adapter is connected downstream, through two harnesses. Electricity's is cool and everything, but it ain't free and it ain't magic.
FWIW, there is no "settling" of voltage. What you're seeing is the voltage from the battery and the alternator – two different sources. The battery supplies all the voltage until the engine turns the alternator enough to drive its output. At that point, the alternator is supplying the operating voltage and replenishing the lost battery reserve.
The battery voltage diminishes with time, because it's a finite volume and the alternator voltage changes with engine rpm, because that's what drives the generator. I don't know which alternator you have, so I can't state definitively, but the 100% rated output doesn't happen until well over 2,500 rpm.