• Litecoin saw a difficulty increase of 8.4% over the last week and over 20% YTD.
• The market sentiment towards LTC was negative as of this writing.

One of the largest proof-of-work (PoW) networks, Litecoin [LTC], saw its mining difficulty surge to all-time highs (ATH), making it harder for miners to validate transactions and push new coins into circulation.

According to AMBCrypto’s analysis of Litecoin Space data, the mining difficulty reached 34.58 million as of this writing. This marked a difficulty increase of 8.4% over the last week and over 20% year-to-date (YTD).

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Author: Aniket Verma

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