Why didn't the Litecoin halving affect the price this time? In the past, halvings led to higher prices, but now there are no clear results. I'm puzzled about the reasons behind this. Please help me analyze.
Litecoin has lost the trust of most cryptocurrency community investors but most of them usually seize the opportunity of it halving for some quick profit which is one of the many reasons why there's some dump in the price of LTC after it halving.
Another thing that contributed to the LTC dump, is the current market momentum which affect the surge in the price of BTC which is the major player in this current market.