“504 blocks have been mined since the halving. This is 1/4 of the way to the next diff change. 21.65 hrs has elapsed since the halving. Normally on average it takes 21 hrs for 504 blocks. This means 97% of pre-halving hashrate still mining LTC,” Lee tweeted earlier today.
In today’s trading, the Litecoin price stood at $94.91, as of 16:44 BST. The digital currency has lost 4.5% of its value in the past 24 hours. The coin’s total market capitalisation currently stands at nearly $6 billion.
Featured image: Wit Olszewski / Shutterstock.com
The post Litecoin price (LTC/USD) tumbles after brief spell above $100 appeared first on The Independent Republic.
TheBitcoinNews.com is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some Satoshi with the exciting new Lightning Network Tippin.me tool!