A 3rd-party supplier failure brought about Revolut’s app to indicate wildly inaccurate crypto costs on Friday, the corporate confirmed, after customers flooded social media with screenshots of Bitcoin listed at simply 2 cents.
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Third-Occasion Supplier Blamed For Pricing Chaos
Revolut acknowledged the issue in a public assertion, saying engineers had been engaged on a repair and urging clients to examine its standing web page for updates.
Hello. We need to assist resolve the problems you’re going through with the Bitcoin worth notification. We’re presently experiencing points affecting among the app’s functionalities. Please be assured that our colleagues are engaged on this as we communicate. Please keep watch over our standing web page…
— Revolut Assist (@revolutsupport) Could 8, 2026
An organization spokesperson later confirmed the disruption had been resolved, attributing it to a service failure at an unnamed exterior pricing supplier.
The corporate mentioned it was nonetheless evaluating the total particulars of what went incorrect.
UPDATE: It wasn’t simply Bitcoin.
A number of cash on Revolut appeared to flash-crash/glitch on the identical time.Appears to be like like a pricing/chart glitch — however for a couple of seconds, everybody thought they found the largest crypto low cost of all time.#Crypto #Bitcoin #Revolut pic.twitter.com/fIelIbAOor
— Dave Flowman (@_btcd) Could 8, 2026
The glitch wasn’t restricted to Bitcoin. Customers reported seeing simultaneous worth drops throughout XRP, Solana, and even stablecoins like USDT and USDC — property designed to carry regular at one greenback.
Screenshots shared on X and Reddit confirmed Bitcoin’s 24-hour chart registering a roughly 50% intraday plunge, with the worth briefly anchoring close to $39,900 earlier than snapping again.
Some customers additionally acquired push notifications warning that BTC had hit a 52-week low of two cents.
Based on Revolut, The value of Bitcoin has simply dropped to $0.02
I suppose its time to purchase! 😂 pic.twitter.com/YIbwBGrkeT
— That Martini Man ₿ (@MartiniGuyYT) Could 8, 2026
No Matching Strikes On Any Different Platform
Pricing information on main aggregators confirmed nothing uncommon throughout the identical window. Bitcoin’s worth on CoinMarketCap and CoinGecko held regular, with no signal of any crash in derivatives markets both. The anomaly appeared solely contained inside Revolut’s app.
Ranveer Arora, a former PwC quantitative buying and selling lead and co-founder of Altura.commerce, advised reporters two explanations are in play.
The primary is a corrupt information tick pushed via Revolut’s pricing system — a single dangerous information level that briefly anchored the chart earlier than being corrected.
As a result of Revolut just isn’t an change and pulls costs from outdoors suppliers, one defective enter will be sufficient to provide precisely this sort of chart distortion.
The second risk is a transient liquidity hole. Revolut’s order e-book is shallower than what you’d discover on a full change, so a big promote order might theoretically exhaust obtainable bids and print a pointy downward wick earlier than costs get better.
Arora famous, nonetheless, that the shortage of matching prints on another platform makes the information feed clarification extra doubtless.
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Marc Tillement, director of blockchain worth oracle Pyth Knowledge Affiliation, mentioned the episode exhibits how rapidly a single dangerous information level can distort worth notion — notably in retail-facing programs the place customers might not suppose to cross-check what they’re seeing.
Tillement mentioned that as markets develop extra data-dependent, the reliability of pricing infrastructure turns into central to how a lot merchants can belief what’s in entrance of them.
Clear, verifiable information layers, he argued, are what separate a glitch from a disaster.
Featured picture from Pixabay, chart from TradingView