Prices of cryptocurrencies, Bitcoin (BTC-USD) and Ethereum (ETH-USD) soared on October 25 in what appears to be a relief rally following the positive results of the big earnings week. On Tuesday, Bitcoin crossed the $20,000 mark and Ethereum traded past $1,500. Following the surge in crypto prices, the stocks of most crypto mining and blockchain companies jumped. Shares of Coinbase Global (COIN) rose 13%, Marathon Digital (MARA) jumped 14.4%, Hive Blockchain (HIVE) soared 12.1%, and MicroStrategy (MSTR) spiked 13.1%. Let us look at two Canadian mining companies that are poised to benefit the most from reignited investor confidence in cryptocurrencies. Hut 8 Mining Corp.
