USD Strength Weighs on Crypto: Delta-Neutral Strategies

The EUR/USD rate of 1.1572 indicates a weakening of the USD. However, with USD/JPY at 158.93, the dollar is demonstrably strong against the Yen. While EUR/USD may weaken, overall, the current environment suggests a bearish outlook for crypto [markets](https://markets.xyz/join/wynn) as the strong USD against JPY can pressure risk assets like [Bitcoin](/pairs/btc-perp). Traders utilizing [delta](/glossary#delta)-neutral strategies should monitor these forex trends closely and adjust their positions accordingly. Also, consider implications for Funding Rates.