Litecoin (LTC) Eyes Fresh Gains Above $100: All Eyes on Halving Event

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PromesaStudio 1 - Litecoin (LTC) Eyes Fresh Gains Above $100: All Eyes on Halving Event

Litecoin (LTC) is leading a recovery even as the broader cryptocurrency sector turned bearish in recent trading sessions. A spike past the $100 mark has come on huge trading volume, affirming renewed trader interest in the coin.

Litecoin Fresh Gains

Bulls have regained control, in recent trading sessions, after bears threatened to push the altcoin below the $70 mark. A spike past the $100 mark also comes 17 days away from the much-awaited halving event.

The halving is poised to result in a reduction in the amount of LTC that miners get rewarded, on …

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