Ethereum Classic (CRYPTO: ETC) is trading marginally higher by 1.1% to $28.51 Wednesday afternoon, off the session high of $30.88. The popular altcoin is pulling back on volatility and potential intraday profit-taking after Bitcoin earlier reached $60,000. As Bitcoin’s price increases, some investors may choose to diversify their cryptocurrency portfolios by investing in other assets such as Ethereum Classic. This diversification strategy aims to spread risk across multiple assets, potentially driving up demand for alternative cryptocurrencies like ETC. Some traders may also be engaging in spe…