Litecoin’s price rallied sharply on Monday reaching its highest levels since May 2018 and gaining over 10% on the day. In early trading on Tuesday the world’s fourth largest cryptocurrency by market capitalization had inched further upward to make fresh 1 year highs. Litecoin Halving The upcoming Litecoin Halving taking place on August 6th 2019 is likely to have been a major driver in the surge of buyers. Halving refers to the reduction of the Litecoin mining reward by half, effectively reducing the supply of new Litecoins by 50%. Key Price Levels Bullish analysts are now eyeing the key $200 psychological level for ... (full story)