Strong USD Impacts Crypto: Delta-Neutral Strategy Focus

The USD is showing strength based on current forex data. EUR/USD is at 1.1476, significantly above the 1.10 level where USD is relatively weak, suggesting moderate USD strength. The USD/JPY pair is at 159.33, indicating considerable USD strength against the JPY. Given that a strong USD typically pressures risk assets, crypto traders should be cautious, as [Bitcoin](/pairs/btc-perp) and other cryptocurrencies may face downward pressure, potentially affecting funding rates for [delta](/glossary#delta)-neutral strategies.