China just released its November inflation data: the year-on-year CPI stood at 0.7%, exactly in line with market expectations and showing a clear acceleration compared to the previous month's 0.2%.

This uptick in inflation reflects a gradual recovery in domestic demand. For crypto markets, data like this is key: when inflation rises moderately in major economies, it usually indicates greater liquidity in the system, which has historically benefited risk assets.

What’s interesting is that the figure matched forecasts, eliminating surprises that could trigger immediate volatility. However, the upward trend from 0.2% to 0.7% deserves close monitoring in the coming weeks.