Revolut Users Report Bitcoin Price Glitch Displaying BTC at 2 Cents
Revolut users experienced a significant technical glitch where the fintech app briefly displayed Bitcoin prices plummeting to approximately $39,900, with some notifications erroneously indicating a 52-week low of just 2 cents. The anomaly also affected other cryptocurrencies like XRP, Solana, and stablecoins such as USDT and USDC. However, external market data from sources like CoinMarketCap and CoinGecko showed no corresponding price drops, confirming the issue was isolated to the Revolut platform rather than a broader market crash. Experts suggested the incident was likely caused by a corrupt data feed or a transient liquidity gap within Revolut’s system. A Revolut spokesperson later confirmed that the disruption stemmed from a third-party provider service error, which has since been rectified. The event highlights the fragility of price perception in fragmented data environments and underscores the importance of reliable pricing infrastructure for maintaining user trust in retail-facing financial applications. Engineers worked quickly to resolve the functionality issues, urging customers to monitor status updates during the outage.
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Revolut Users Report Bitcoin Price Glitch Displaying BTC at 2 Cents
Revolut users experienced a significant technical glitch where the fintech app briefly displayed Bitcoin prices plummeting to approximately $39,900, with some notifications erroneously indicating a 52-week low of just 2 cents. The anomaly also affected other cryptocurrencies like XRP, Solana, and stablecoins such as USDT and USDC. However, external market data from sources like CoinMarketCap and CoinGecko showed no corresponding price drops, confirming the issue was isolated to the Revolut platform rather than a broader market crash. Experts suggested the incident was likely caused by a corrupt data feed or a transient liquidity gap within Revolut’s system. A Revolut spokesperson later confirmed that the disruption stemmed from a third-party provider service error, which has since been rectified. The event highlights the fragility of price perception in fragmented data environments and underscores the importance of reliable pricing infrastructure for maintaining user trust in retail-facing financial applications. Engineers worked quickly to resolve the functionality issues, urging customers to monitor status updates during the outage.
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