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Crypto market eyes recovery ahead of key US inflation data release -Breaking

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Inflation is a growing concern worldwide, particularly in the United States.

Inflation has risen sharply in the United States over the last 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.

The stock of Real M1 Money 1959-2021. Source: Federal Reserve Bank of St. Louis
Dec. 10, 2020, Asia Pacific Markets Source: CNBC