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Home»Bitcoin»Bitcoin drops to 2 cents! Revolut users are reporting massive BTC price problems
Bitcoin

Bitcoin drops to 2 cents! Revolut users are reporting massive BTC price problems

2026-05-09No Comments3 Mins Read
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A glitch from a third-party vendor caused Revolut’s app to show wildly inaccurate crypto prices on Friday, the company confirmed, after users flooded social media with screenshots of Bitcoin priced as low as 2 cents.

Related reading

Third-party supplier accused of price chaos

Revolut acknowledged the issue in a public statement, saying engineers were working on a fix and urging customers to check the status page for updates.

Hi. We want to help you solve the problems you are facing with the Bitcoin price notification. We are currently experiencing issues with some functionality of the app. You can be assured that our colleagues are working on this as we speak. Keep an eye on our status page…

— Revolut Support (@revolutsupport) May 8, 2026

A company spokesperson later confirmed that the disruption had been resolved and attributed it to a service error with an unnamed third-party pricing provider.

The company says it is still evaluating the full details of what went wrong.

UPDATE: It wasn’t just Bitcoin.
Multiple coins on Revolut seemed to crash/glitch at the same time.

It looks like a price/chart error, but for a few seconds everyone thought they had discovered the biggest crypto discount of all time.#Crypto #Bitcoin #Revolution pic.twitter.com/fIelIbAOor

— Dave Flowman (@_btcd) May 8, 2026

The disruption was not limited to Bitcoin. Users reported seeing simultaneous price drops for XRP, Solana, and even stablecoins like USDT and USDC – assets designed to remain stable at one dollar.

Screenshots shared on

Some users also received push notifications warning that BTC had reached the 52 week mark minimum of 2 cents.

According to Revolut, the price of Bitcoin just fell to $0.02

I think it’s time to buy! 😂 pic.twitter.com/YIbwBGrkeT

— That Martini Guy ₿ (@MartiniGuyYT) May 8, 2026

No matching moves on any other platform

Price data from major aggregators showed nothing unusual during the same period. Bitcoin’s price on CoinMarketCap and Coin gecko remained stable, with no signs of any crash in the derivatives markets. The anomaly seemed entirely contained within Revolut’s app.

See also  Bitcoin Price Retreats - Key Support levels in Focus after reversal

Ranveer Arora, former PwC quantitative trading leader and co-founder of Altura.trade, told reporters there are two explanations at play.

The first is a corrupt data trick pushed through Revolut’s pricing system – a single bad data point that briefly anchored the chart before being corrected.

Bitcoin is now trading at $80,625. Graphic: Trading view

Because Revolut is not an exchange and pulls prices from third-party providers, one incorrect entry can be enough to cause exactly this kind of chart distortion.

The second possibility is a temporary liquidity gap. Revolut’s order book is smaller than what you’d find at a full exchange, so a large sell order could theoretically exhaust available bids and put sharp downward pressure before prices recover.

However, Arora noted that the lack of matching prints on any other platform makes the data feed explanation more likely.

Related reading

Why retail apps face unique data risks

Marc Tillement, director of blockchain price oracle Pyth Data Association, said the episode shows how quickly a single bad data point can distort price perception – especially in retail-oriented systems where users may not think to check what they see.

Tillement said that as markets become more data-dependent, the reliability of pricing infrastructure becomes critical to how confident traders can be in what lies ahead.

Transparent, verifiable layers of data, he argued, are what separates a disruption from a crisis.

Featured image from Pixabay, chart from TradingView



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