Crypto Mining Stocks Rally After Bitcoin Surges Near Record, Ether Hits All-Time-High

Crypto Mining Stocks Rally After Bitcoin Surges Near Record, Ether Hits All-Time-High
The stocks of crypto mining companies, which are heavily exposed to the prices of the crypto currencies they mine, surged on Monday after the price of bitcoin approached record highs and ether, the native token for Ethereum, hit an all-time-high.Among the crypto miners, Marathon Digital led the surge on Monday, with the stock soaring almost 20%, while peer Riot Blockchain climbed 17%.Other miners such as Bit Digital, Bitfarms, Hive Blockchain, Hut 8, Cleanspark, Sphere 3D and Greenidge Generation each rose more than 10%. Meanwhile, Stronghold, Argo and Cipher’s shares were each up more than 5% each.The share price of miners…