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A 3rd-party supplier failure induced 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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Revolut acknowledged the issue in a public assertion, saying engineers have been engaged on a repair and urging prospects to verify 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 at the moment experiencing points affecting among the app’s functionalities. Please be assured that our colleagues are engaged on this as we communicate. Please control our standing web page…
— Revolut Help (@revolutsupport) Might 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 improper.
UPDATE: It wasn’t simply Bitcoin.A number of cash on Revolut appeared to flash-crash/glitch on the identical time.
Seems like a pricing/chart glitch — however for a couple of seconds, everybody thought they found the most important crypto low cost of all time.#Crypto #Bitcoin #Revolut pic.twitter.com/fIelIbAOor
— Dave Flowman (@_btcd) Might 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 value 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.
In line 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) Might 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 completely 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 dangerous knowledge level that briefly anchored the chart earlier than being corrected.
As a result of Revolut shouldn’t be an alternate and pulls costs from exterior suppliers, one defective enter will be sufficient to supply precisely this sort of chart distortion.
The second risk is a transient liquidity hole. Revolut’s order guide is shallower than what you’d discover on a full alternate, so a big promote order may theoretically exhaust out there bids and print a pointy downward wick earlier than costs get better.
Arora famous, nonetheless, that the dearth of matching prints on every other platform makes the info feed rationalization extra seemingly.
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Marc Tillement, director of blockchain value oracle Pyth Information Affiliation, stated the episode reveals how rapidly a single dangerous knowledge level can distort value notion — significantly in retail-facing methods the place customers might not suppose 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
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