Revolut app glitch briefly showed Bitcoin at $0.02

On Friday, May 8, Revolut’s mobile app briefly displayed Bitcoin at $0.02 for some users while the cryptocurrency traded above $80,000 on major exchanges. Revolut acknowledged the display error and noted engineers were investigating.

Screenshots shared on social platforms showed in-app charts with Bitcoin candles dropping to about $0.019916. Similar anomalies appeared for Solana, XRP and other tokens. Some customers received push notifications indicating BTC had hit a 52-week low. For most accounts the incorrect prices appeared for only a few seconds.

The prices did not match quotes on major exchanges or market trackers, suggesting the issue was confined to Revolut’s display layer rather than reflecting actual trades.

Revolut Support posted that the firm was experiencing technical issues affecting some crypto functions and asked affected users to send direct messages so staff could inspect accounts. The company has not provided a detailed cause for the faulty data feed.

Revolut operates under a Markets in Crypto-Assets (MiCA) license via Cyprus and serves more than 68 million customers across about 40 markets.

Users reported that balances and pending orders remained unchanged, and there were no confirmed reports of trades executing at the $0.02 price. On exchanges where BTC was actively traded during the incident, the cryptocurrency stayed above $80,000.

The glitch occurred on a day when Bitcoin had a modest correction that nearly pushed it below $80,000 and triggered roughly $300 million in futures liquidations.

A Revolut customer who posted about the episode wrote, “For 3 seconds, I thought I was about to buy the entire supply and become Satoshi’s final boss. Then I remembered: it’s probably just a Revolut chart glitch. Crypto never sleeps. Neither do bugs.”

Company engineers were continuing to investigate the root cause at the time of the announcement.