---
title: THE CASE FOR CRYPTOCURRENCY IN AFRICA: EXAMINING THE EXISTENTIAL CHALLENGES & POSSIBILITIES OF DIGITAL ASSETS
url: https://www.ml-quant.com/papers/ssrn/4825333/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4825333
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4825333
featured: 2024-05-15
citations: 0
topic: Crypto & DeFi
---


# THE CASE FOR CRYPTOCURRENCY IN AFRICA: EXAMINING THE EXISTENTIAL CHALLENGES & POSSIBILITIES OF DIGITAL ASSETS

The report establishes a correlation between Bitcoin's market cap and closing price, forecasting increased adoption of the cryptocurrency despite its fluctuating value.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4825333
- Identifier: SSRN 4825333
- Released: 2021-09-01
- First featured: Quant Letter No. 49 (2024-05-15): https://www.ml-quant.com/issues/2024-05-15/
- Citations (Semantic Scholar): 0
- Published in: not yet
- Topic: Crypto & DeFi

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