Tag: altcoin analysis
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Why Did Litecoin Hit $50 For the First Time in August?
Litecoin price surpassed the $50 mark for the first time in August due to two major factors: compatibility with bitcoin as a result of Segregated Witness (SegWit) activation and its hedge-like characteristics to Bitcoin Cash (BCH). On August 21, Cryptocoinsnews reported that prominent bitcoin analyst and investor Tuur Demeester described Litecoin as a real bitcoin…