Recession Fears Mount as US GDP Stumbles—Are Altcoins Doomed?

Wall Street’s latest panic attack hits crypto markets—just as retail traders were getting comfortable.

GDP numbers for Q1 2025 came in weaker than expected, sparking fresh recession debates. The usual suspects—inflation, rate hikes, and now a contracting economy—are sending shockwaves through risk assets.

Altcoins took the brunt of the selloff. Bitcoin’s younger siblings bled out while institutional investors played hot potato with their bags. Classic.

But here’s the twist: every macro downturn breeds innovation. DeFi protocols are already spinning up recession-proof yield farms, and privacy coins are seeing unusual volume spikes. The smart money’s hedging, not fleeing.

So is the altseason dead? Only if you think crypto markets react logically to traditional finance indicators. (Spoiler: they don’t.)