Bitcoin shows 2-cent price on Revolut as users report apparent BTC display glitch
Screenshots showed BTC briefly far below global market prices, though it remains unclear whether any trades were executed at those levels or whether the move was a display issue.
Bitcoin shows 2-cent price on Revolut as users report apparent BTC display glitch
Screenshots showed BTC briefly far below global market prices, though it remains unclear whether any trades were executed at those levels or whether the move was a display issue.
Some Revolut users saw bitcoin prices on the app briefly plunge far below market levels on Friday before snapping back, in what appeared to be a display or liquidity-related glitch.
The anomaly did not appear on major exchanges tracked by CoinGecko and CoinMarketCap, where bitcoin traded just over $79,000 during Asian afternoon hours.
Revolut has not commented on the incident, and unverified user claims that buy orders were filled at the aberrant prices raise questions about whether the moves reflected real liquidity or a platform-side pricing error.
The issue seemed isolated as no exchange on lists tracked by CoinGecko and CoinMarketCap showed any bitcoin price anomaly. It trades just over $79,000 as of Asian afternoon hours Friday.
Revolut had not responded to a CoinDesk request for comment by publication time.
Some users on X claimed buy orders executed during the disruption, but those reports remain unconfirmed. If trades were filled, Revolut would likely have to determine whether the prints reflected legitimate liquidity, stale quotes, a routing issue or a platform-side pricing error.
Flash moves in crypto apps can happen for several reasons. A display glitch can show an incorrect price without actual market execution. Thin liquidity on a specific venue or internal pricing rail can also produce sharp wicks if an order sweeps through a shallow book.
In other cases, market makers briefly pull quotes, spreads widen, and apps relying on aggregated feeds may display prices that do not match deeper global markets.
Crypto has seen similar isolated dislocations before. Bitcoin briefly printed far below market on Binance’s USD1 pair in December in a move tied to a thinly traded pair rather than broader selling. South Korean exchanges also saw sharp local wicks during the country’s martial-law shock in 2024 as activity surged and local order books briefly broke from global prices.
As Wall Street chases upside in stocks like never before, the implications for bitcoin appear bullish, though with an important caveat.
What to know:
Record volumes of bullish S&P 500 call options, totaling about $2.6 trillion in notional value, signal a surge in speculative risk-taking on Wall Street.
The frenzied trading offers bullish cues to crypto, as the two are positively correlated.
On a deeper level, frenzied trading in calls points to speculative mania…
