The aggregated crypto markets have been facing some levels of instability as of late, primarily due to Bitcoin’s inability to find any significant stability above $8,000. Despite this instability, Litecoin (LTC) has been on the up-and-up and is only trading down slightly from its monthly highs.
Now, one analyst believes that Litecoin’s price may soon double before it incurs significant selling pressure that sends it reeling lower, and the cryptocurrency’s upcoming “halvening” event may be the source of this massive volatility.
Source: News BTC
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