Information View Non-AMP

LTC Halving: How Will the Market React?

Published by
Sara K

During the development of cryptocurrencies, events like BTC halving, LTC halving, and DASH’s emission reduction have gained much spotlight in the market. Mining rewards per block have dropped in these halvings or reductions, potentially squeezing miners’ pockets. Conversely, market traders see these halving events as indicators of new market trends.

The Significance of LTC Halving

Based on data from LITECOIN HALVING, as of July 25, 2023, Litecoin’s block reward is set to halve from 12.5 LTC to 6.25 LTC on August 23, 2023. There are still 4,845 blocks remaining until the next LTC halving event.

With the LTC halving approaching, LTC has gained considerable market attention. Miners and traders closely follow this event as it may present new investment opportunities during the halving period.

Historical Context of LTC Halvings

Similar to BTC, LTC has its block rewards halved every four years. In the history of cryptocurrency development, LTC has already experienced two halvings. The first one happened on August 25, 2015, reducing the miner’s block reward from 50 LTC to 25 LTC. The second one occurred on August 5, 2019, cutting the reward to 12.5 LTC. The upcoming LTC halving this August will further reduce the reward to 6.25 LTC. Based on relevant data, LTC halving will continue until approximately 2142 when the block reward reaches 0.

Following the LTC halving in August 2023, the supply of LTC will decrease, resulting in short-term price fluctuations in the market. For traders, this may present an investment opportunity as they can profit from the price fluctuations of LTC. As of July 25, 2023, market data from CoinEx shows that LTC is currently priced at $89.37 with a total market cap of $7.50 billion. Over the past month, the price has decreased by 0.41%, to $113.47 on July 3 before fluctuating downwards.

As the LTC halving event draws near, LTC witnessed a notable price increase in early July. But it failed to sustain the upward momentum and began fluctuating downwards. Given the reduction in miner rewards and its impact on the security of the LTC network, investing in LTC demonstrates investors’ trust in network security.

Despite the challenges it poses for miners, the LTC halving also stabilises the coin’s value and preserves its scarcity. This could make LTC appreciate in value and offer more appealing returns to miners. Considering the past BTC halving events, which garnered market recognition and stimulated long-term growth, the LTC halving is still an opportunity for investors, regardless of the current market performance. However, it is essential to note the risks involved in investments. Traders should analyze market data objectively, manage trading risks, and avoid blindly following market sentiments or going all-in on LTC.

Utilizing CoinEx’s Market Data

CoinEx’s Market Data feature gathers real-time data on various cryptocurrency exchanges. Integrating coin rankings, order distribution, price change distribution, and historical market value to satisfy users’ diverse needs for information. With this feature, users can access valuable market data. Track real-time price changes and trading volumes of different cryptocurrencies on CoinEx. To stay updated with market trends. Moreover, by analyzing market data, everyone can make more informed trading decisions and mitigate trading risks. During the LTC halving period, users can monitor LTC’s price fluctuations and trading status in real-time on CoinEx as a reference for their investments.

Sara K

Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

Recent Posts

Three Whale Approved Altcoins To Buy Before October

Crypto whales, often seen as the "smart money" in digital assets, have been loading up…

September 28, 2025

XRP Price Prediction After October 2025 ETF Approvals

The crypto market is watching October closely as the SEC faces deadlines for multiple ETF…

September 28, 2025

New XRP ETF Filing Warns of Whale Manipulation Risk

A fresh ETF filing with the U.S. Securities and Exchange Commission (SEC) has flagged whale…

September 28, 2025

CZ Clarifies Binance Has No Official Role in Aster DEX’s Rapid Growth

The cryptocurrency world loves rumors, and lately, many have been circulating about Binance founder Changpeng…

September 28, 2025

Crypto Treasuries Companies May Crash Markets Nearly 80%, Like Dotcoms!

Crypto treasuries have become the talk of this market cycle, with institutions and corporations scooping…

September 28, 2025

Dogecoin Price at Risk: 20% Drop Looms if Bulls Fail to Reignite Momentum

Dogecoin (DOGE) has recently pushed past the $0.24 mark, signaling renewed strength in its price…

September 28, 2025