The Litecoin price has barely moved in the past 24 hours, sticking to the $90 level as the cryptocurrency awaits its latest halving event today. The halving will reduce Litecoin's block reward from 12.5 LTC to 6.25 LTC, a reduction which in theory will tighten the altcoin's supply and thereby make it scarcer, at least in the longer term. However, LTC is currently up by only 0.5% in the past week, with the altcoin also having declined by 19% in the last 30 days, a loss which may suggest that the market isn't particularly excited by this 50% reduction.