According to The Kobeissi Letter on Twitter, new data reveals that US GDP contracted by 0.3% in Q1 2025, defying consensus expectations of 0.3% growth. Additionally, the GDP Price Index surged to 3.7%, marking its highest level since August 2023 (source: @KobeissiLetter, April 30, 2025). For traders, this data signals stagflation risks, which often heighten volatility in risk assets like Bitcoin and Ethereum. The combination of economic contraction and accelerating inflation could pressure the Federal Reserve to delay rate cuts, creating uncertainty in both traditional and crypto markets. Traders should monitor Fed communications closely and anticipate potential risk-off moves as the market digests these developments.