Digital currency prices plummeted on Tuesday as cryptocurrency markets lost billions during the morning trading sessions New York time BTC dropped well below the 7k range and other digital assets followed BTCs path with sharp losses Crypto prices havent been this low since May as the market valuation of the entire cryptoconomy is struggling to hold above the 175 billion range

A total of 8000 bitcoins belonging to Mirror Trading International MTI have been traced while an additional 29000 bitcoins could soon meet a similar fate The traced coins which are valued at over 280 million 4 billion rand represent a potential breakthrough for beleaguered MTI investors

Augur gained by nearly a third