๐ Highlights
1. ๐ฆ๐บ $123 Million Money Laundering via Crypto
Australian police arrested four individuals after an 18-month investigation into a $123 million money laundering operation. The suspects used a security company to collect cash, which was later converted into cryptocurrencies .
2. ๐ Bitcoin Holds Steady Around $105,700โ$108,000
Bitcoin is up 0.11%, currently trading at $105,723, with a global crypto market cap of $3.29 trillion .
According to Binance Square, BTC spiked to $108,000 driven by whale activity and speculation around a potential Fed rate cut in September .
3. โ๏ธ Market Pressure: Altcoin Pullbacks & Economic Tension
Technical signals show possible corrections in BTC, ETH, and XRP after the weekend rally, echoing past reversal patterns .
Altcoins face mild selling pressure amid anticipation of U.S. jobs data release .
4. โ๏ธ Outlook & Rising Market Catalysts
Analysts expect a Fed rate cut in September, sparking renewed optimism and fresh whale inflows .
๐ ๏ธ Suggested Format for Binance Feed
Use this structure for each news item:
Headline: "Bitcoin crosses $105,000 amid Fed rate cut expectations"
Short text (โค140 characters):
Example: "BTC up 0.11% as whales accumulate and markets eye potential Fed rate cut in September."
Trusted source link:
Bitcoin price: Livemint, Binance Square, CoinTelegraph.
Crime reports: TradingView or government press releases.
Repeat for other headlines:
"$123M laundering ring in Australia used security firm to funnel crypto"
"Altcoins reverse gains as investors await U.S. jobs data"