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A third-party provider failure caused Revolut’s app to display wildly inaccurate crypto prices on Friday, prompting users to share screenshots showing Bitcoin briefly listed at around 2 cents. Revolut confirmed the issue in a public statement, saying engineers were working on a fix and urging customers to monitor its status page for updates.
In a message posted by Revolut Support (@revolutsupport) on May 8, 2026, the company said it was experiencing problems affecting some app functionalities and that colleagues were working to resolve the issue. A company spokesperson later said the disruption had been fixed and attributed it to a service failure at an external pricing provider, while noting the company was still evaluating the full details of what went wrong.
Users reported the glitch was not limited to Bitcoin. Posts on X and Reddit described simultaneous price flashes across multiple assets, including XRP, Solana, and stablecoins such as USDT and USDC. One account said the issue appeared to be a pricing or chart glitch lasting only a few seconds, during which many users believed they had found an extreme discount.
According to screenshots shared by users, Bitcoin’s 24-hour chart showed an intraday plunge of roughly 50%, with the price briefly anchoring near $39,900 before snapping back. Some users also received push notifications warning that BTC had hit a 52-week low of 2 cents.
Pricing data from major aggregators during the same window showed no unusual activity. Bitcoin’s price on CoinMarketCap and CoinGecko reportedly held steady, and there were no signs of a crash in derivatives markets. The anomaly appeared to be contained within Revolut’s app.
Ranveer Arora, a former PwC quantitative trading lead and co-founder of Altura.trade, said two explanations were plausible. The first is a corrupt data tick entering Revolut’s pricing system—one bad data point that briefly anchored the chart before being corrected. Because Revolut is not an exchange and relies on outside providers for pricing, a single faulty input could be enough to produce a distortion of this kind.
The second possibility is a transient liquidity gap. Arora noted that Revolut’s order book is shallower than that of a full exchange, meaning a large sell order could theoretically exhaust available bids and print a sharp downward wick before prices recover. However, he said the lack of matching moves on other platforms made the data-feed explanation more likely.
After the disruption, Bitcoin was reported as trading at $80,625.
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