Ethereum
Ethereum confirmation is necessary because a Bitcoin-only breakout can be treated as a likely false signal. Ethereum is not permanently fixed as the confirming asset if it structurally diverges from Bitcoin. Ethereum is used as Bitcoin's c…
1 sources - 3 claims
Ethereum confirmation is necessary because a Bitcoin-only breakout can be treated as a likely false signal. Ethereum is not permanently fixed as the confirming asset if it structurally diverges from Bitcoin. Ethereum is used as Bitcoin's confirming asset because it is large, liquid, and historically correlated enough with Bitcoin.