Ethereum Classic has crossed the USD 3 for the first time. Having surpassed it's previous high of USD 2.85 strong pump shows no sign of slowing down.

This pump isn't without support the strong volume provides a clear picture. But will this great pump be negatively impacted by the Bitfinex hack, Bitfinex accounted for 15% of the Ethereum Classic volumes and was the 2nd largest exchange after Poloniex.

With 15% of the market now offline, it is bound to have some influence in the price development going forward. Although not quite as large a market as Polo, the hack nonetheless put a brick wall in the bull sentiment as many traders & speculators funds are now stuck or maybe lost.


Sources: http://coinmarketcap.com/currencies/ethereum-classic/#markets