At the moment, the crypto market is largely driven by speculation. And this has always had significant impacts on the prices of the cryptos out there.
It would seem that one of the biggest news in the crypto space at the moment is the Litecoin halving that will occur in the first week of August 2019.
During this period the mining reward for Litecoin will be cut by half and this is expected to influence the price positively.
Already, we have seen a sharp rise in the price of Litecoin within the past few months. This video suggests that the upward trend may run into the end of 2019, skyrocketing to over $1,000. Only time will tell how things will unfold.
