Strong USD: Headwinds for Crypto, Opportunities Abound

The USD is showing significant strength, particularly against the JPY (USD/JPY at 158.50, well above 150) and relatively strong against EUR/USD at 1.1555, above the 1.10 level. This USD strength generally puts downward pressure on risk assets like [Bitcoin](/pairs/btc-perp). [Delta](/glossary#delta)-neutral traders should be cautious and consider adjusting their positions to account for potential downside in crypto, perhaps capitalizing on increased volatility with short-term strategies.