Why is Litecoin price up today?

Litecoin's recent price surge follows a significant increase in supply and rising hash rate, despite a generally sluggish crypto market. This surge is partly due to the reintroduction of previously dormant coins into circulation and anticipation of Coinbase's Litecoin futures launch. Additionally, Litecoin's network health is robust, with miners showing confidence ahead of Bitcoin's halving event. Technical analysis suggests further growth potential, with key indicators supporting bullish sentiment.#btc #Litecoin #ltc #halving2024 $LTC