Litecoin boost as fans count down to halving day

Litecoin boost as fans count down to halving day

Cryptocurrency is up four-fold, but sceptics want to know who is actually using it, write Vildana Hajric and Olga Kharif

This year’s top-performing cryptocurrency is up almost four-fold, and you’ve probably never heard of it. Litecoin, which has gained more than 360 per cent since the beginning of the year, is outpacing all its crypto peers, including Ether and XRP, as well as the best-known and largest token, bitcoin. It has a market cap of about $8.4 billion, making it the seventh-largest digital asset, according to data compiled by Mosaic Research.

The rally can partly...

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