Litecoin

Bitcoin Cash

<p>The crypto space has been witnessing a roller coaster ride in the past few days, with some altcoins outperforming the leading cryptocurrency, Bitcoin. Litecoin (LTC) and Bitcoin Cash (BCH) have been the most notable performers, recording impressive gains and breaking key resistance levels.</p><h2 id="header-0">Litecoin (LTC) Pre-Halving Effect</h2><p>One of the main drivers behind the Litecoin rally is the upcoming <a href="https://www.nicehash.com/countdown/ltc-halving-2023-08-06-11-00" rel="noopener noreferrer nofollow">halving event</a>, which is expected to occur in early August. The halving would reduce the block reward for miners from 12.5 LTC to 6.25 LTC, creating a supply shock and increasing the coin&#39;s scarcity.</p><p>Historically, halving events have been bullish for cryptocurrencies, as they create a sense of urgency and FOMO among investors who want to accumulate the coins before they become more expensive to mine. This was evident in the previous Litecoin halving in 2019, which saw the price of LTC surge by over 500% in the months leading up to the event.</p><p>Read full article at <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">C</a><a href="https://cryptotale.org/litecoin-ltc-soars-and-bitcoin-cash-bch-records-double-digit-gains/" rel="noopener noreferrer nofollow">ryptoTale.</a></p>

Litecoin (LTC) Soars and Bitcoin Cash (BCH) Records Double-Digit Gains

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