Litecoin
Why Litecoin is up 1.3% in the last hour
Analysis
Litecoin (LTC) rose 1.3% over the past hour despite a report noting that mining profitability has been drying up across major PoW coins, including LTC. The CryptoPotato piece may have still kept Litecoin in focus and driven short-term trading interest even as it highlighted pressure on miners.
Contributing Factors (1)
Mining Profits Dry Up Across Bitcoin, DOGE, LTC, and BCH
Dogecoin and Litecoin miners face mounting pressure as mining profitability remains low across major proof-of-work assets.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.