Revolut Glitch Shows Bitcoin at 0.02 Cents
Some Revolut users experienced a brief but dramatic glitch in the fintech app on Friday morning, with Bitcoin's price displayed as low as 0.02 cents, far below its actual market value of around 79,000 on major exchanges.
The anomaly occurred between 7:45 and 7:50 GMT+1, lasting only seconds for most affected accounts. Screenshots shared on social media showed Bitcoin's in-app chart plunging to near-zero levels, while Revolut's official one-day chart registered a dip to about 29,414 before recovering toward 58,600. Push notifications alerted some users to a supposed 52-week low at 0.02, sparking confusion and jokes online. Similar distortions appeared briefly on charts for other cryptocurrencies like Ethereum and XRP, though less severe.
Bitcoin traded steadily above 79,000 during the incident, with no corresponding movements on trackers like CoinGecko or CoinMarketCap, or on exchanges such as Coinbase. This confirmed the issue was isolated to Revolut's platform.
A Revolut spokesperson attributed the error to a disruption at a third-party service provider. "Earlier today, a service disruption at a third-party provider resulted in inaccurate pricing on our platform," the...