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Will Litecoin’s Halving Be Bearish for Its Price, but Bullish for Bitcoin?

From u.today

Litecoin has, without a doubt, been one of the best performing coins of 2019. It began the year at $30-odd and has since tripled its price value in the first few months of this year. The coin has been to thank for the renewed positive sentiment in the cryptocurrency market. A lot of the reason behind this is because the coin is coming up to a big milestone as it on the cusp of a difficulty mining halving, which is due to take place in August of this year. The halving will make the reward for mining Litecoin decrease and thus make the circulating amount more valuable and in demand. However, even as Litecoin rises ... (full story)

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  • Category: Fundamental Analysis