Don’t Sleep On Litecoin’s Halving Event

Bitcoin is up over 100% this year.  Part of the reason is because Bitcoin is halving in May of 2020. Bitcoin Halving is where the number of generated Bitcoin rewards per block is cut in half making the supply and demand of bitcoin a bit more imbalanced.  Meaning the less Bitcoin available, the more demand there is for bitcoin, thus the higher price.  And usually prior to the halving, 12 months in advance, the Bitcoin price tends to move higher in anticipation of the event.

Source

Litecoin is currently trading at a new 2019 high and the highest it has been

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