Svmuu News: On the eve of the U.S. Independence Day holiday, sentiment in the crypto market gradually stabilized, with Bitcoin holding above $61,000 and Ethereum climbing above $1,700, continuing the previous day’s rebound.Earlier, unexpectedly weak U.S. nonfarm payroll data cooled market expectations of further tightening by the Federal Reserve, reigniting demand for risk assets. Volatility in the options market has dropped significantly, with short-term implied volatility falling from its highs to the high 30s, and market sentiment shifting from panic-driven hedging to relative stability.However, some institutions believe the data does not constitute a one-sided “dovish signal”; accelerating wage growth and resilient consumer spending still support the Federal Reserve’s hawkish stance. The divergence between U.S. Treasury yields and U.S. stock market performance further illustrates that the market remains divided on the policy path. (The Block)