Crypto stocks experienced a notable rebound on Friday, with Coinbase (COIN), Strategy (MSTR), and Bitmine Immersion (BMNR) seeing gains of 4-6%. This positive movement comes amidst the overall crypto market’s resilience. A recent surge in Bitcoin price from $106.5K to near $110K is further fueling this rebound. However, traders remain cautious about a broader crypto market recovery due to upcoming options expiry today and outflows from spot Bitcoin and Ethereum ETFs. This week saw a series of positive results for major crypto companies, including Coinbase reporting profits in its Q3 earnings reports and the performance of Robinhood Markets (HOOD), Circle Internet, and Bullish stock. 3% jump in Bitcoin mining shares like MARA Holdings (MARA), Riot Platforms (RIOT), and CleanSpark (CLSK) also contributed to this optimism. With the rebound, traders are hoping for a broader recovery, particularly as crypto stocks continue their strong performance. Bitmine Immersion Technologies (BMNR), the largest corporate ETH holder, is leading the charge with a 6% surge in pre-market trading hours. Meanwhile, SharpLink Gaming (SBET) stock price climbed over 4%, fueled by recent Ethereum purchases. Ethereum Treasury Stocks also saw a recovery, including BTCS, Bit Digital (BTBT), GameSquare Holdings (GAME), BTC Digital (BTCT), and BioNexus Gene Lab (BGLC). Options expiry on the Deribit exchange is expected to affect price movement today with 123K BTC options with a notional value of $13.52 billion expiring. Traders are anticipating a recovery, likely triggered by bullish sentiment following the recent market crash and increased put-call ratio (0.70). However, traders are also buying more put options as hedging against potential downside risks, according to CoinGlass data on Bitcoin futures open interest. Analysts like Michael van de Poppe believe that Bitcoin needs to break past $112K to signal a broader market recovery, potentially reaching $114K and even $117K. This article discusses the recent stock rebound and its potential impact on the future of the crypto market.