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Crypto market eyes recovery ahead of key US inflation data release By Cointelegraph




Growing inflation has become a mounting concern for nations around the world, especially the United States.

The U.S. has seen one of the sharpest rises in consumer inflation over the past year. Lawmakers around the globe have claimed that they didn’t see the inflation coming, but people often draw their attention towards the seemingly unrestricted money printing spree throughout the pandemic.

Real M1 money stock 1959-2021. Source: Federal Reserve Bank of St. Louis
The Asia Pacific markets Dec. 10, 2021. Source: CNBC