What is driving the crypto market growth in October?

Over the past few days, we have seen interesting moves in the cryptocurrency market, with some altcoins showing signs of recovery. As we move into October, investors are keeping an eye on key macroeconomic events, such as the US CPI data, which could significantly impact market sentiment.

Additionally, cryptocurrencies such as Eigen have seen considerable increases, with a 20% rise in the past 24 hours, which has caught the attention of many short-term traders. Such moves are a positive sign for those looking for scalping opportunities in the current market.

On the other hand, we are also seeing an increase in gas fees on the Ethereum network, which could have an impact on the cost of transactions and the adoption of second-layer solutions such as Arbitrum or Optimism.

What do you think? Do you think these moves suggest a long-term recovery or are they just temporary spikes? Share your thoughts in the comments and let's continue exploring the crypto market together.