Litecoin-Hash-Rate trotz düsterer Preisentwicklung stabil: Wird sich das ändern?

Eine Woche nach der mit Spannung erwarteten Halbierung von Litecoin am 2. August zeigen On-Chain-Daten, dass die Hash-Rate des Netzwerks, ein wichtiges Maß für die an das Netzwerk weitergeleitete Rechenleistung, stabil, aber unregelmäßig ist. Mit Stand vom 9. August zeigen Tracker, dass die Hash-Rate des Litecoin-Netzwerks bei etwa 760 TH/s liegt, ein deutlicher Rückgang gegenüber dem Allzeithoch von 816 TH/s Ende Juli 2023.

Timeline of Litecoin

Litecoin (LTC) is reaping the dividends of its halving as more mega marketplaces are now showing their support for one of the tokens built on the protocol as LTC20, LITE, through a timely listing. LITE Goes Live on Gate.io For the first time since its halving event, Litecoin's LITE token has tapped a mega listing

It was observed that most long-term holders are still holding on to their LTC. While this confirms that the long-term market sentiment remains bullish, it has certainly not been the case for the short-term outlook.

Data shows that Litecoin long-term holders exited the asset before the halving, while short-term holders were left to panic on the halving day. The “halving” here refers to an event where the block rewards of Litecoin are permanently cut in half.

Since their debut on August 1, perpetual futures contracts for XRP and Litecoin (LTC) have seen a staggering $43.7 million in trading volume on Coinbase International, according to recent data shared by the exchanges.

Halving events are significant milestones that garner substantial attention. They reduce the reward for mining new blocks, making the cryptocurrency scarcer and, in theory, more valuable.

Litecoin (LTC) has recently faced a period of bearish pressure that has taken a toll on its market performance. The months of July and August have witnessed a shift in sentiment, as bearish forces began to dominate the crypto market.

Barely 48 hours after the completion of the Aug 2 Litecoin Halving, the LTC price has dropped 12%, losing the critical $85 support. As whale investors and long-term holders begin to dump, will the bearish momentum worsen?

The Litecoin (LTC) halving event took place earlier this week, to the amusement of every member of the crypto ecosystem. The halving is the third in the Litecoin ecosystem, and a lot of hype was generated prior to the event amid broad anticipation that the price will soar following the halving.

As everyone knows, XRP and LTC are two of the most prominent crypto assets on the market, and their addition to Coinbase's futures platform has generated considerable interest among traders.

Litecoin has completed its much-anticipated halving event today, but it seems the investors have reacted by participating in a selloff. Litecoin Has Completed Its Third Halving, Block Rewards Now Down To 6.25 LTC The “halving” event is where LTC's block rewards are permanently cut in half.