Litecoin Price Hits $100 as Miner Block Rewards Get Halved

Litecoin Price Hits $100 as Miner Block Rewards Get Halved

The altcoin’s much-anticipated halving event fails to deliver any sudden bull market. All eyes were on Litecoin (LTC) price Aug. 5 as its block reward halving failed to excite markets and produce considerable gains for investors.Litecoin 7-day price chart. Source: Coin360LTC gains fail to materializeData from Coin360 showed Litecoin, which is the fifth-largest cryptocurrency by market cap, trading at around $104 Monday, a few hours after the halving took place.Once the process completes, miners will…

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