With less than two weeks until Litecoin’s halving, traders are wondering whether the additional scarcity effect will be enough to sustain the LTC price above $90.
, when the miner’s block subsidy will be cut in half, traders are questioning whether the additional scarcity effect will be enough to sustain the LTC price above $90.
Litecoin futures’ aggregate open interest in dollars from June 29 to July 2 shows there was a significant surge, indicating increased demand for leveraged futures contracts. Further confirming the relevance of open interest, two other instances occurred in 2021 between February and June, marking significant drawdowns after breaking the futures open interest $500 million threshold.Litecoin/USD 1-day price at Coinbase, early 2021. Source: TradingViewOn Feb. 8, 2021, Litecoin’s open interest surged above $500 million, marking a 64% price gain, which peaked at $247 on Feb. 20, 2021.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Litecoin (LTC) Price Analysis for July 21Can traders expect any sharp moves by LTC? LitecoinLoyal cryptorecruitr LiteCoinFamily LTC SatoshiLite LitecoinMoses
Lire la suite »
30 for 30: Ariana Grande’s Biggest Billboard Hot 100 HitsThe star celebrated her 30th birthday June 26, 2023.
Lire la suite »
30 Coins Season 2 Trailer Confirms Return of Max Horror SeriesThe trailer for 30 Coins Season 2 confirms Max’s horror series will return in October.
Lire la suite »
Spooky Spanish Series 30 Coins Returns With More Diabolical VibesThe HBO series from cult horror director Álex de la Iglesia is back, featuring new season 2 cast member Paul Giamatti.
Lire la suite »
Train fares are up to 30 times more expensive than planes in Europe | CNNThose wanting to make their travel more carbon-conscious face hefty bills. A new report by Greenpeace says that air travel within Europe is up to 30 times cheaper than traveling by more sustainable trains.
Lire la suite »