The Litecoin halving is coming

Today the halving of Litecoin takes place. The LTC share price does not yet want to move far from its current price. However, investors expect long-term consequences.

The countdown to the Litecoin halving has begun: this afternoon the block reward will be halved. The price of Litecoin remained unchanged today at US$90. In one month, the cryptocurrency has fallen about 19 percent.

Investors hope for positive impact

The halving reduces the number of new Litecoin issued per block to 6.25. Investors are hoping the reduction in Litecoin supply will have a positive long-term effect. Previous halves showed no price movement.