Bitcoin News Today: Bitcoin Consolidates Near $118K as LINK and JASMY Gain Momentum

Generated by AI AgentCoin World
Tuesday, Aug 5, 2025 7:43 am ET1min read
Aime RobotAime Summary

- Bitcoin stabilizes near $118,000 as altcoins like Chainlink (LINK) and JASMY show strong upward momentum amid market consolidation.

- Chainlink gains traction as a critical infrastructure provider linking blockchain smart contracts to real-world data, attracting investor interest.

- Privacy-focused JASMY emerges as a compelling altcoin, offering blockchain-based data ownership solutions amid rising privacy concerns.

- Market conditions resemble 2021 patterns, suggesting smaller-cap projects with strong fundamentals could drive the next crypto cycle.

As Bitcoin stabilizes near $118,000, attention is increasingly turning to alternative cryptocurrencies showing promising upward momentum, with Chainlink (LINK) and JASMY standing out among the market’s recent performers. The broader market appears to be in a consolidation phase, offering smaller-cap digital assets an opportunity to gain traction. LINK and JASMY have both demonstrated signs of strong investor interest, fueling speculation about their potential roles in the next phase of the crypto cycle [1].

Chainlink (LINK) is gaining attention for its foundational role in connecting blockchain-based smart contracts with real-world data. The protocol’s ability to bridge off-chain information with on-chain execution has positioned it as a key infrastructure player in the decentralized ecosystem. With market conditions currently resembling patterns observed in 2021, analysts are pointing to LINK as a potential beneficiary of renewed altcoin season. As more blockchain projects require accurate and reliable data inputs, the demand for Chainlink’s services is expected to rise, supporting its continued growth trajectory [1].

JASMY, on the other hand, is emerging as a privacy-focused cryptocurrency with a unique value proposition centered on data ownership and security. The project, based in Japan, is designed to empower users by giving them greater control over their personal information through blockchain-based solutions. As data privacy becomes an increasingly pressing concern, JASMY’s model is seen as an innovative response to traditional data management systems. Its affordability and technological focus make it an attractive option for investors seeking exposure to promising altcoins. If the current market environment follows the trajectory seen in 2021, JASMY could experience a significant bullish surge during the next cycle [1].

Bitcoin’s consolidation near $118,000 provides a stable backdrop for altcoins to gain momentum without the volatility often associated with a dominant leading asset. This environment suggests that investors are diversifying their portfolios and exploring opportunities beyond Bitcoin. Both LINK and JASMY have shown resilience and upward trends, indicating that they are capturing market attention and capital flows. The broader implication is that as Bitcoin continues to hold its ground, smaller-cap projects with strong fundamentals are likely to see increased adoption and price appreciation [1].

The article was originally published by a crypto public relations firm, which emphasized its role in translating market momentum into visibility for projects such as LINK and JASMY. The firm highlighted its proprietary analytical tools and media targeting strategies as key differentiators in the crowded PR landscape. While these insights provide context about the firm’s capabilities, the focus remains on the performance and potential of the two tokens in question [1].

Source: [1] LINK and JASMY Climb as Bitcoin Consolidates Near $118K (https://bitzo.com/2025/08/link-and-jasmy-climb-as-bitcoin-consolidates-near-118k)

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