USD Strength: Crypto Delta-Neutral Strategy Impact

The USD is showing strength, particularly against the JPY with USD/JPY at 159.19, well above the 150 threshold. EUR/USD at 1.1711 also indicates a relatively strong USD. This overall USD strength typically exerts downward pressure on risk assets like [Bitcoin](/pairs/btc-perp) and other cryptocurrencies, potentially impacting Funding Rates negatively for long positions. Traders employing [delta](/glossary#delta)-neutral strategies should carefully consider hedging strategies to mitigate these risks.