Newslink: Litecoin Dropped More Than 18% Ahead of Halving, Falls Out of #4 Market Cap Spot

in #newslink5 years ago

TL;DR: “I’m announcing today that in 4 days, I will be cutting Litecoin mining rewards in half for the first time in 4 years,” creator Charlie Lee joked, mocking the Federal Reserve’s rate cut announcement. “This should help prevent the possibility of a cryptocurrency downturn.” Recently, Litecoin dropped from its #4 spot by market capitalization, down more than 18%, signaling all might not be well.

https://coinspice.io/news/litecoin-dropped-more-than-18-ahead-of-halving-falls-out-of-4-market-cap-spot/

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