Bitcoin is having its best day since March following cooler April inflation reading

"The slightly lighter than expected CPI number modestly increased the chance of a rate cut, which is still a strong influencer to bitcoin price," Owen Lau, an analyst at Oppenheimer, told CNBC. "After the ETFs and halving, the next major catalyst is a rate cut. Bitcoin is likely to remain rangebound and trade along with macro data points, until we see a clearer path for rate…

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