Digital silver spike driven by several causes shared by Santiment
, rising from $83.79 to the $94.57 level, where it is trading currently. Over the past 24 hours, the growth constitutes 6.86%.
The first and largest reason the experts believe is the approaching halving of LTC scheduled for August. During halving, miners' rewards per block are cut down by half. At the moment, miners receive 12.5 LTC for every new block they find. After the halving, it will be reduced to 6.25 LTC.
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