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Key points:
ETF inflows and spot accumulation by retail and institutional investors highlight the belief that Bitcoin trades at a discount.
Next week’s US macroeconomic calendar events should bring a resolution to a handful of fear catalysts that are suppressing prices across the crypto market.
Bitcoin (BTC) traders spent a majority of the week in contention as sellers capped each price breakout at $112,000 and buyers stepped in to defend all dips to the $107,000 to $108,000 zone.
Some analysts have expressed concern at BTC’s inability to hold prices above $112,000 and its frequent revisits to the range lows, but the range compression shown by the four-hr and daily higher lows and lower highs (candlestick chart below) could be a positive sign.
Technical analysis traders frequently point out that “compression before expansion” is to be expected as volatility drops and prices consolidate after a major market move like the Oct. 10 sell-off, which saw BTC open interest drop by 50%.

Underlying the day-to-day price action, there are some positive developments that suggest BTC will eventually make its way back into the $120,000 price zone. On Tuesday, the spot Bitcoin ETFs took in $477 million as BTC price traded to $114,000 from $107,500.
Alongside these inflows, data shows spot buyers across order-size cohorts at Binance and Coinbase exchange stepping in to buy throughout the entire range from $101,500 (Binance) to the range high of this week (114,000).

Currently, Glassnode’s Bitcoin Accumulation Trend Score metric also shows a score of 0.924 and the onchain data provider explained that a “trend score closer to 1 indicates that on aggregate, larger entities (or a big part of the network) are accumulating, and a value closer to 0 indicates they are distributing or not accumulating.”

Multiple analysts agree that Bitcoin’s range consolidation could reach an end early next week, and that altcoins could begin to recover due to the US macroeconomic calendar being filled with a list of events.
We have had capitulation, everyone thinks no alt-season. Let us remind everyone that:
1) QT will end
2) Gold is in distribution phase
3) Macro is stabilizing
4) China US polymarket odds for a deal above 60%
5) $7.4 Trillion in MMF that are about to rotate into market as fed… https://t.co/3BohO4ckPT
This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

Written by
Ananda Banerjee
Edited by
Harsh Notariya
Pi Coin has slipped slightly again, down 1% in the past 24 hours, 4.9% over the past week, and nearly 26% this month. The token has been range-bound for days, showing little enthusiasm from traders.
Yet, big wallets haven’t completely walked away. Instead, they appear to be watching for a clearer signal — and that cue might come from the meme coin cycle. Surprised? Well, read on to know how the meme coin connection can impact the Pi Coin price.
Over the past month, Pi Coin’s price swings have started to mirror those of Dogecoin and Bonk. Its correlation coefficient now stands at 0.87 with DOGE and 0.94 with BONK, meaning it often moves the same way as these meme tokens.
The Pearson correlation coefficient measures how closely two assets move together, with values near 1 showing strong positive correlation.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
This tight link points to one thing: PI is now heavily influenced by the broader meme coin sentiment. And the monthly Pi Coin price drawdown of 26% also validates this influence. The month-on-month dip falls between Dogecoin’s 20% and Bonk’s 30% drops.
The Relative Strength Index (RSI) — which tracks momentum — on the daily chart is hinting at a possible rebound. Between September 23 and October 22, Pi’s price made lower lows, but RSI made higher lows, forming a bullish divergence.
That means momentum is improving even as price trends down. If meme coins recover, PI’s RSI setup could give it a push upward, supported by lingering interest from larger holders. More about them later in this piece.
And if the broader altcoin market begins reacting again, this correlation could play in Pi Coin’s favor, amplifying any rebound that follows the meme coin cycle.
If this bullish divergence unfolds, PI’s first major target sits near $0.21, just above its current Fibonacci 0.382 level ($0.19). A clean daily close over $0.29 would confirm a breakout and invalidate the bearish structure, potentially restoring short-term confidence.
Do note that on the daily timeframe, the PI’s price is trading against a descending trendline. That trendline, along with clear Fibonacci bases (marked in orange), marks the bearish structure (descending triangle to be exact).
The Chaikin Money Flow (CMF) — which measures how much money is entering or exiting the market — supports the same story. Despite falling prices, CMF has stayed positive since September 12, showing that big wallets haven’t fully exited.
Between August 29 and October 22, CMF formed higher lows, showing a bullish divergence similar to RSI and hinting that money inflow continues beneath the surface.
However, if $0.19 fails to hold, Pi could slip toward $0.18 (0.236 Fibonacci) or even $0.15, marking a 9%–20% downside and confirming renewed bearish momentum. However, with both RSI and CMF flashing bullish divergence, the odds of a relief rally increase if $0.19 holds.
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EuroMillions results LIVE: Winning lottery numbers for draw on Friday, October 24 Manchester Evening News
source

The Mega Millions lottery jackpot continues to grow to the game’s 9th largest prize of all-time after no one matched all six numbers from Tuesday’s Mega Millions jackpot.
Here are the winning numbers for the Friday, Oct. 24, lottery drawing jackpot worth $680 million with a cash option of $318.2 million.
Grab your tickets and see if you’re the game’s newest millionaire.
Friday night’s drawing will take place at 10 p.m. CT for tonight’s $680 million jackpot with a cash option of $318.2 million.
Friday night’s winning numbers will be posted here. Tuesday night’s winning numbers were 2, 18, 27, 34, 59, and the Mega Ball was 18.
Results are pending.
You only need to match one number in Mega Millions to win a prize. However, that number must be the Mega Ball, worth either $10, $15, $20, $25 or $50.
Matching two numbers won’t win anything in Mega Millions unless one of the numbers is the Mega Ball. A ticket matching one of the five numbers and the Mega Ball is worth either $14, $21, $28, $35 or $70. Visit www.megamillions.com for a complete list of payout information.
The Mega Millions jackpot for Friday night’s drawing continues to grow to the 9th-largest Mega Millions prize all-time at an estimated $680 million with a cash option of $318.2 million, according to megamillions.com.
Drawings are held twice a week at approximately 10 p.m. CT every Tuesday and Friday. You can watch drawings via YouTube.
A Mega Millions ticket costs $5 per play. The Multiplier is included in the price of a single $5 wager, according to megamillions.com.
Here’s how to play Mega Millions:
The winning numbers for Wednesday night’s drawing were 18, 37, 52, 54, 60, and the Powerball is 12. The Power Play was 2X.
The current Powerball jackpot continues to grow at an estimated $344 million with a cash option of $164.0 million, after no one matched all six numbers from Wednesday night’s drawing.
Here is the list of 2025 Mega Millions jackpot wins, according to megamillions.com:
Here are the all-time top 10 Mega Millions jackpots, according to megamillions.com:
Here are the nation’s all-time top 10 Powerball and Mega Millions jackpots, according to powerball.com:
Chris Sims is a digital content producer for Midwest Connect Gannett. Follow him on Twitter: @ChrisFSims.

October is shaping up as one of Bitcoin’s weakest in years, threatening the cryptocurrency’s reputation for strong autumn rallies. After an early surge to new highs, BTCUSD has struggled, retreating to a range between $105,825 and $115,403. If current trends persist, Bitcoin could post its first negative October since 2018.
Digital assets meet tradfi in London at the fmls25
Early Gains Fade, Market Shows Strain
Bitcoin’s historically bullish October, dubbed “Uptober” by traders, has seen its momentum stall. Data from CoinGlass shows BTC is currently 2.77% below its monthly opening price, with only a 4% decline needed to cement its worst performance in more than a decade. By comparison, September saw a more than 5.16% increase.
In the past five years, 2021 recorded the strongest monthly returns for October at 39% amid a booming market when prices surged to nearly $70K. However, in 2022, the returns increased by 5%. In 2023 and 2024, the returns were 28% and 10%, respectively. This year, May had the strongest monthly return at 11%.
“The bulk of October’s upside tends to occur in the second half of the month,” said network economist Timothy Peterson. He added that a potential end to the Federal Reserve’s quantitative tightening at its Oct. 29 meeting could provide a “huge signal” for markets.
Bitcoin pic.twitter.com/jklTYLaDcW
Several factors have muted the usual October rally. Tensions over U.S.–China tariffs, low liquidity, and a series of leveraged liquidations have capped gains.
Bitcoin’s drop below $107,000 last week reportedly triggered $1.2 billion in liquidations, erasing long positions built after September’s rebound. Ethereum, Solana, and BNB each fell 3%–8% in the same period, while smaller tokens like DOGE and ADA have seen declines exceeding 20%.
Bitcoin Daily Price, Source: TradingView
Market Sentiment and Predictions
Crypto traders remain cautiously optimistic. Markets such as Myriad show a swing back toward bullish predictions, with odds favoring Bitcoin reaching $120,000 before dropping to $100,000. Ethereum is also expected to rebound toward $4,700. Despite the downturn, the possibility of a late-month recovery keeps traders attentive.
You may also like: "Crazy" Bitcoin Price Prediction From Mike Novogratz Eyes $250K per Bitcoin in 2025
“Uptober may not live up to its name this year, but history shows the month can still surprise,” Peterson noted. With two weeks remaining, the final outcome for Bitcoin in October remains open, balancing between seasonal expectations and macroeconomic headwinds.
From another fundamental perspective: historically, Bitcoin’s price rallies followed halving events, which cut block rewards in half and created sharp supply shocks that fueled bull markets, according to Bitcoin Magazine.
5% of capital rotation from Gold to Bitcoin can send the BTC price to $242,391
Bullish 🚀 pic.twitter.com/dHv2K36teo
However, the current cycle has unfolded differently: after the most recent halving, Bitcoin spent five months in sideways consolidation rather than seeing an immediate post-halving surge. While prices have since gained momentum, questions have been raised about whether the halving still drives market cycles as it once did.
Keep reading: What’s Next for Bitcoin, Ethereum, XRP and Dogecoin After $19B Weekend Flash Crash?
The current cycle has also already exceeded the duration from cycle low to cycle high, as seen in prior bull markets. The 2018–2022 cycle peaked 1,059 days after its bear market low, and Bitcoin has now surpassed that timeframe, approaching the length of the 2017 cycle.
Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.