As you may have noticed the whole cryptocurrency market has bounced back from a week long drop across the board in crypto values. Ethereum gained over 60$ in just one hour. Bitcoin experienced a similar reversal, capturing over $800 in gains in the same time frame. But the one who is spiking at the moment is Ethereum Classic. ETC has gained from 14.3$ to around 19$ at the time of writing this article. Hopefully this is a reversal in cryptocurrency market and we will see a come back to 30-35$ in two weeks time.
This is not an investment advice. Buying and trading cryptocurrencies should be considered a high-risk activity.