Bitcoin users on Revolut were briefly stunned after the app displayed BTC trading at nearly zero before prices quickly returned to normal levels.
Key Takeaways
- Revolut users reported Bitcoin briefly showing prices as low as 2 cents on the app.
- The issue appeared limited to Revolut, with no matching crash seen on major crypto exchanges.
- Revolut confirmed a technical issue linked to a third party provider and said the problem has been fixed.
- Experts believe the incident was likely caused by a faulty data feed rather than a real market crash.
What Happened?
Revolut users across multiple regions reported a major crypto pricing anomaly on Friday after the fintech platform briefly displayed Bitcoin prices collapsing to near zero. Some screenshots shared on X and Reddit showed BTC falling as low as $0.019916, while others displayed Bitcoin trading around $39,900 before rapidly recovering.
The sudden move triggered confusion among users, especially after some customers received push notifications claiming Bitcoin had hit a new 52 week low. The issue lasted only a few seconds before prices normalized.
🚨 NEW: Bitcoin briefly appeared at $0.02 on Revolut due to a technical glitch, while the actual market price remained near $80K. pic.twitter.com/CWDhLK9slS
— Crypto Briefing (@Crypto_Briefing) May 8, 2026
Revolut Users Witness Sudden Bitcoin Price Collapse
The unusual price action quickly spread across social media platforms as traders shared screenshots of distorted crypto charts inside the Revolut app. Several users joked about trying to buy Bitcoin during the brief glitch.
One user wrote:
The anomaly was not limited to Bitcoin. Users also reported abnormal price movements for Solana, XRP, USDT, and USDC during the same period. In many cases, charts showed sudden sharp downward candles before immediately recovering.
Despite the alarming visuals, market tracking platforms such as CoinGecko and CoinMarketCap showed no evidence of a broader market crash. Bitcoin continued trading above $79,000 to $80,000 across major exchanges throughout the incident.
Revolut Confirms Technical Issue
Revolut later acknowledged the issue and confirmed that the platform experienced disruptions tied to a third party service provider.
A Revolut spokesperson told CoinDesk:
A separate support update from Revolut also stated that the company was experiencing problems affecting some app functionalities while engineers worked on a fix.
The company has not yet disclosed exactly what caused the faulty pricing data. Revolut currently serves more than 68 million customers across 40 markets and operates under a MiCA license obtained through Cyprus.
Experts Point to Data Feed Problems
Market experts believe the incident was most likely caused by a corrupted pricing feed rather than actual Bitcoin trades occurring at those levels.
Ranveer Arora, former PwC quantitative trading lead and co founder of Altura.trade, said a “corrupt tick” may have briefly entered Revolut’s pricing system and distorted chart data.
“The first is a data feed error,” Arora said. “It could be a corrupt tick pushed through Revolut’s pricing system, briefly anchoring the 1D chart at around $39,900 before correcting.”
Arora also noted that thin liquidity conditions on internal trading rails could theoretically produce sharp temporary price drops if a large sell order exhausted available bids. However, the lack of similar movements across other exchanges makes a pricing error the more likely explanation.
Marc Tillement, director at blockchain oracle provider Pyth Data Association, said the event highlights the importance of reliable pricing infrastructure in modern crypto markets.
He explained that a single incorrect data point can quickly distort price perception in retail facing systems, especially during periods of market volatility.
Similar Crypto Market Glitches Have Happened Before
While unusual, isolated crypto pricing dislocations are not entirely new. Previous incidents have occurred on exchanges and trading platforms where thin liquidity or technical issues temporarily caused dramatic price spikes or crashes.
Bitcoin briefly traded far below market prices on Binance’s USD1 pair in late 2024 due to low liquidity conditions. South Korean exchanges also experienced sharp local price swings during periods of market stress and surging activity.
In this latest case, however, there is still no confirmation that any trades actually executed at the incorrect Revolut prices.
CoinLaw’s Takeaway
In my experience, incidents like this show how fragile trust can become when millions of retail users rely on a single app interface for market information. Even if Bitcoin itself never moved, seeing BTC at 2 cents on a major fintech platform was enough to trigger panic, confusion, and speculation within minutes. I found the most important detail here is that the broader crypto market remained completely stable while the app displayed chaos. That difference matters because it reminds users to verify prices across multiple trusted sources before reacting emotionally to sudden market alerts.
