Revolut Glitch Briefly Shows Bitcoin Price at $0.02, Later Corrected
On Thursday morning, trading platform Revolut experienced a technical glitch that briefly displayed Bitcoin's price at near-zero levels—about $0.02—instead of its actual market price near $79,000. The erroneous price display lasted only a few minutes between 7:45 and 7:50 GMT+1, but push notifications to users amplified the alarm, causing confusion among some customers. Revolut attributed the error to a service disruption at an unspecified third-party provider and confirmed that the issue has been rectified, with pricing now reflecting actual market conditions. During the glitch, Bitcoin continued trading normally on major exchanges such as Coinbase, and prominent price trackers like CoinGecko and CoinMarketCap showed no dramatic deviation from the market price. The incident appears to have been isolated to Revolut's platform, as no other exchanges reported similar pricing anomalies. Revolut's 24-hour charts for other cryptocurrencies like Ethereum and XRP also showed price drops during the same period, though not as severe as Bitcoin's apparent plunge. For wallet and key holders, this event serves as a reminder that centralized platforms can display inaccurate pricing due to technical errors or third-party issues. While such glitches do not affect on-chain balances or the actual market value of assets, users should verify prices against multiple independent sources before making trading decisions. The incident also highlights the importance of relying on decentralized price oracles and not overreacting to push notifications from a single platform. Revolut, which is expanding its crypto services and seeking a U.S. banking license, has stated it is evaluating the details of the disruption to prevent future occurrences.
关键事实
- Revolut displayed Bitcoin at ~$0.02 for 5 minutes on Thursday morning.
- Actual Bitcoin price remained near $79,000 on other exchanges.
- Error attributed to third-party service disruption, now fixed.
- Users received push notifications of the false price drop.
- Other crypto charts on Revolut also showed temporary anomalies.