A 3rd-party supplier failure induced Revolut’s app to point out 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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Revolut acknowledged the issue in a public assertion, saying engineers have been engaged on a repair and urging prospects to examine its standing web page for updates.
Hello. We wish to assist resolve the problems you’re dealing with with the Bitcoin value notification. We’re presently experiencing points affecting a number of the app’s functionalities. Please be assured that our colleagues are engaged on this as we converse. Please keep watch over our standing web page…
— Revolut Help (@revolutsupport) May 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 stated it was nonetheless evaluating the complete particulars of what went flawed.
UPDATE: It wasn’t simply Bitcoin.
A number of cash on Revolut appeared to flash-crash/glitch on the identical time.Seems to be like a pricing/chart glitch — however for just a few seconds, everybody thought they found the most important crypto low cost of all time.#Crypto #Bitcoin #Revolut pic.twitter.com/fIelIbAOor
— Dave Flowman (@_btcd) May 8, 2026
The glitch wasn’t restricted to Bitcoin. Customers reported seeing simultaneous value drops throughout XRP, Solana, and even stablecoins like USDT and USDC — belongings 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 obtained push notifications warning that BTC had hit a 52-week low of two cents.
In keeping with Revolut, The value of Bitcoin has simply dropped to $0.02
I assume its time to purchase! pic.twitter.com/YIbwBGrkeT
— That Martini Man ₿ (@MartiniGuyYT) May 8, 2026
No Matching Strikes On Any Different Platform
Pricing knowledge on main aggregators confirmed nothing uncommon throughout the identical window. Bitcoin’s value on CoinMarketCap and CoinGecko held regular, with no signal of any crash in derivatives markets both. The anomaly appeared totally 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 knowledge tick pushed by Revolut’s pricing system — a single unhealthy knowledge level that briefly anchored the chart earlier than being corrected.
As a result of Revolut is just not an change and pulls costs from exterior suppliers, one defective enter will be sufficient to provide precisely this type of chart distortion.
The second chance 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 may theoretically exhaust accessible bids and print a pointy downward wick earlier than costs get better.
Arora famous, nonetheless, that the dearth of matching prints on another platform makes the info feed rationalization extra probably.
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Marc Tillement, director of blockchain value oracle Pyth Knowledge Affiliation, stated the episode exhibits how rapidly a single unhealthy knowledge level can distort value notion — notably in retail-facing programs the place customers could not assume to cross-check what they’re seeing.
Tillement stated 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 knowledge layers, he argued, are what separate a glitch from a disaster.
Featured picture from Pixabay, chart from TradingView
