Litecoin Experiences Substantial Surge: Will It Breach the $100 Barrier?

Litecoin (LTC) price has surged by 15% in the past 24 hours, sparking movement as investors aim to exceed the $100 mark. At the time of writing this article, LTC is trading at $94.11 with a market cap of $6.89 billion, and market observers are focusing on crossing the $100 barrier. Investor Excitement Over Upcoming Halving Litecoin has made a strong upward move in the past 15 days, increasing its value by over 40% during this period. The $100 barrier has now psychologically become significant for the LTC price, which has approached it several times since the beginning of the year. Market analysts focus on the popular altcoin’s price, stating that if it exceeds $100, it could reach new highs. Meanwhile, the dramatic rise in Litecoin is attributed to the halving event expected to take place in mid-August. The upcoming Litecoin halving will reduce the block reward by 50%. The […] The post Litecoin Experiences Substantial Surge: Will It Breach the $100 Barrier? appeared first on COINTURK NEWS.