Strong USD Signals Caution for Crypto Delta-Neutral Traders

The current EUR/USD exchange rate of 1.1525 is well above the 1.10 threshold, suggesting a weakened USD. However, the USD/JPY is at 159.60, signaling significant strength against the Yen. Therefore, the overall USD trend is bullish, potentially creating downward pressure on crypto assets. [Delta](/glossary#delta)-neutral traders should be cautious about funding rates potentially increasing as USD strength may lead to reduced risk appetite.