US inflation likely accelerated in April after an unexpected cooldown the previous month, with higher tariffs on Chinese goods in particular starting to impact prices.

Tuesday’s report could provide an early read on how Trump’s duties will affect the prices Americans pay for necessities.

The dollar fell and major U.S. stock indexes rose on Tuesday on news that U.S. consumer inflation picked up less than expected in April when President Donald Trump unveiled a raft of tariffs that has wreaked havoc on global markets.

DAX gains as US-China tariff pause lifts sentiment; traders eye ZEW sentiment forecast and US CPI for direction. EU trade tensions may cap upside.

Bitcoin price surges above $104K as April CPI cools to 2.3%, boosting Fed rate-cut bets and fueling bullish market sentiment. Bitcoin Rises Above $104K as

Concerns for the safe haven status of U.S. Treasuries are rising with benchmark 10-year yields expected to drift sideways over the coming year, pinned between trade war-driven recession and inflation,

Ethereum (ETH) saw a quick rebound on Tuesday, rising 9% following a soft April Consumer Price Index (CPI) reading in the United States (US). The top altcoin bounced off the $2,400 level and stretched its weekly gains to 50% as it continues to see sustained demand, with more analysts predicting a rotation from BTC toward ETH.