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Home›External market›Crypto Market Predicts Recovery Ahead of Key U.S. Inflation Data Released By Cointelegraph

Crypto Market Predicts Recovery Ahead of Key U.S. Inflation Data Released By Cointelegraph

By Pia
December 10, 2021
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Rising inflation has become a growing concern for nations around the world, especially the United States.

The United States has experienced one of the largest increases in consumer inflation in the past year. Lawmakers around the world have claimed they didn’t see the inflation coming, but people often draw their attention to the seemingly unrestricted money-printing frenzy throughout the pandemic.

Real M1 money supply 1959-2021. Source: Federal Reserve Bank of Saint-Louis
Asia-Pacific markets on December 10, 2021. Source: CNBC

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