Bitcoin briefly displays 2-cent price on Revolut in apparent glitch
On May 8, 2026, some Revolut users reported seeing bitcoin prices on the app plunge far below global market levels, with screenshots showing BTC as low as 2 cents before snapping back. The anomaly did not appear on major exchanges tracked by CoinGecko and CoinMarketCap, where bitcoin traded at just over $79,000 during Asian afternoon hours. Revolut has not commented. The incident raised questions about whether trades executed at those prices reflect real liquidity or a platform-side pricing error. Such flash moves in crypto apps can stem from display glitches without actual market execution, or from thin liquidity on a specific venue. Revolut operates with limited liquidity depth compared to full exchanges, and a large sell order could exhaust bids in a shallow order book, producing sharp wicks. Market makers briefly pulling quotes can also cause apps relying on aggregated feeds to show prices disconnected from deeper global markets. For wallet and key holders, this incident highlights the importance of using multiple price sources and not relying solely on one platform's display. While no direct security threat to private keys occurred, users who placed orders during the glitch may face trade resolution issues. The event serves as a reminder that isolated pricing anomalies can happen on retail platforms, and users should exercise caution when executing trades during unusual price movements.
关键事实
- Revolut users saw bitcoin prices briefly drop to as low as 2 cents on May 8.
- No anomaly appeared on major exchanges; bitcoin traded at over $79,000 elsewhere.
- Revolut has not commented on whether trades executed at aberrant prices.
- Possible causes: display glitch, thin liquidity, or aggregated feed issues.
- Similar isolated dislocations have occurred on Binance and Korean exchanges.
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