Woofun AI reports that cryptocurrency market sentiment is stabilizing on the eve of the U.S. Independence Day holiday, with Bitcoin maintaining support above $61,000 and Ethereum climbing past $1,700. Weak U.S. non-farm payroll data has dampened expectations for further Federal Reserve tightening, boosting demand for risk assets and driving short-term implied volatility down to the low 30s.

However, some institutions argue that accelerating wages and resilient consumer spending justify a continued hawkish stance, while divergence between Treasury yields and stocks highlights ongoing policy uncertainty.