{"id":11603,"date":"2026-05-10T05:00:29","date_gmt":"2026-05-10T05:00:29","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-drops-to-2-cents-revolut-users-report-massive-btc-price-glitch\/"},"modified":"2026-05-10T05:00:29","modified_gmt":"2026-05-10T05:00:29","slug":"bitcoin-drops-to-2-cents-revolut-users-report-massive-btc-price-glitch","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-drops-to-2-cents-revolut-users-report-massive-btc-price-glitch\/","title":{"rendered":"Bitcoin Drops To 2 Cents! Revolut Users Report Massive BTC Price Glitch"},"content":{"rendered":"<p>A third-party provider failure caused Revolut&#8217;s app to show wildly inaccurate crypto prices on Friday, the company confirmed, after users flooded social media with screenshots of Bitcoin listed at just 2 cents.<\/p>\n<h2>Third-Party Provider Blamed For Pricing Chaos<\/h2>\n<p>Revolut acknowledged the problem in a public statement, saying engineers were working on a fix and urging customers to check its status page for updates.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Hi. We want to help resolve the issues you&#8217;re facing with the Bitcoin price notification. We&#8217;re currently experiencing issues affecting some of the app&#8217;s functionalities. Please be assured that our colleagues are working on this as we speak. Please keep an eye on our status page\u2026<\/p>\n<p>\u2014 Revolut Support (@revolutsupport) <a href=\"https:\/\/twitter.com\/revolutsupport\/status\/2052665959958061340?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 8, 2026<\/a><\/p>\n<\/blockquote>\n<p>A company spokesperson later confirmed the disruption had been resolved, attributing it to a service failure at an unnamed external pricing provider.<\/p>\n<p>The company said it was still evaluating the full details of what went wrong.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">UPDATE: It wasn\u2019t just Bitcoin.<br \/>\nMultiple coins on Revolut appeared to flash-crash\/glitch at the same time.<\/p>\n<p>Looks like a pricing\/chart glitch \u2014 but for a few seconds, everyone thought they discovered the biggest crypto discount of all time.<a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Revolut?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#Revolut<\/a> <a href=\"https:\/\/t.co\/fIelIbAOor\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/fIelIbAOor<\/a><\/p>\n<p>\u2014 Dave Flowman (@_btcd) <a href=\"https:\/\/twitter.com\/_btcd\/status\/2052648316198912233?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 8, 2026<\/a><\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p>The glitch wasn&#8217;t limited to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin<\/a>. Users reported seeing simultaneous price drops across XRP, Solana, and even stablecoins like USDT and USDC \u2014 assets designed to hold steady at one dollar.<\/p>\n<p>Screenshots shared on X and Reddit showed Bitcoin&#8217;s 24-hour chart registering a roughly 50% intraday plunge, with the price briefly anchoring near $39,900 before snapping back.<\/p>\n<p>Some users also received push notifications warning that BTC had hit a 52-week<a href=\"https:\/\/x.com\/MartiniGuyYT\/status\/2052655916659724742\/photo\/1\" target=\"_blank\" rel=\"noopener nofollow\"> low of 2 cents.<\/a><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">According to Revolut, The price of Bitcoin has just dropped to $0.02<\/p>\n<p>I guess its time to buy! <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f602.png\" alt=\"\ud83d\ude02\" class=\"wp-smiley\" style=\"height: 1em;max-height: 1em\" \/> <a href=\"https:\/\/t.co\/YIbwBGrkeT\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/YIbwBGrkeT<\/a><\/p>\n<p>\u2014 That Martini Guy \u20bf (@MartiniGuyYT) <a href=\"https:\/\/twitter.com\/MartiniGuyYT\/status\/2052655916659724742?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 8, 2026<\/a><\/p>\n<\/blockquote>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter size-full wp-image-895374\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/a_526ec6.png?resize=1024%2C184\" alt=\"\" width=\"1024\" height=\"184\" \/><\/p>\n<h2>No Matching Moves On Any Other Platform<\/h2>\n<p>Pricing data on major aggregators showed nothing unusual during the same window. Bitcoin&#8217;s price on CoinMarketCap and <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">CoinGecko<\/a> held steady, with no sign of any crash in derivatives markets either. The anomaly appeared entirely contained within Revolut&#8217;s app.<\/p>\n<p>Ranveer Arora, a former PwC quantitative trading lead and co-founder of Altura.trade, told reporters two explanations are in play.<\/p>\n<p>The first is a corrupt data tick pushed through Revolut&#8217;s pricing system \u2014 a single bad data point that briefly anchored the chart before being corrected.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/LCn3eZZa\/\" width=\"1814\" height=\"921\" \/><\/p>\n<p>Because Revolut is not an exchange and pulls prices from outside providers, one faulty input can be enough to produce exactly this kind of chart distortion.<\/p>\n<p>The second possibility is a transient liquidity gap. Revolut&#8217;s order book is shallower than what you&#8217;d find on a full exchange, so a large sell order could theoretically exhaust available bids and print a sharp downward wick before prices recover.<\/p>\n<p>Arora noted, however, that the lack of matching prints on any other platform makes the data feed explanation more likely.<\/p>\n<p>Why Retail Apps Face Unique Data Risks<\/p>\n<p>Marc Tillement, director of blockchain price oracle Pyth Data Association, said the episode shows how quickly a single bad data point can distort price perception \u2014 particularly in retail-facing systems where users may not think to cross-check what they&#8217;re seeing.<\/p>\n<p>Tillement said that as markets grow more data-dependent, the reliability of pricing infrastructure becomes central to how much traders can trust what&#8217;s in front of them.<\/p>\n<p>Transparent, verifiable data layers, he argued, are what separate a glitch from a crisis.<\/p>\n<p><em>Featured image from Pixabay, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A third-party provider failure caused Revolut&#8217;s app to show wildly inaccurate crypto prices on Friday, the company confirmed, after users flooded social media with screenshots of Bitcoin listed at just 2 cents. Third-Party Provider Blamed For Pricing Chaos Revolut acknowledged the problem in a public statement, saying engineers were working on a fix and urging&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11604,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[22,32,35,51,5196,5197],"class_list":["post-11603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-btc","tag-btcusd","tag-crypto","tag-glitch","tag-revolut"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/11603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=11603"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/11603\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/11604"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=11603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=11603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=11603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}