Bitcoin shows 2-cent price on Revolut as users report apparent BTC display glitch

CoinDesk17h agoUpdated 17h ago
Bitcoin shows 2-cent price on Revolut as users report apparent BTC display glitch
Smart Read

Revolut users reported Bitcoin briefly displaying at 2-cents instead of the $79,000 market price on Friday, appearing to be a glitch or liquidity issue. The anomaly didn't appear on major exchanges like CoinMarketCap or CoinGecko. Unconfirmed claims suggest some trades executed at aberrant prices. Revolut hasn't commented. Similar isolated dislocations have occurred on other platforms due to thin liquidity or display errors.

Key takeaways

  • 1Revolut users saw Bitcoin briefly display at 2-cents instead of $79,000 on Friday; the anomaly didn't appear on CoinGecko or CoinMarketCap.
  • 2Unconfirmed reports claim some buy orders executed at aberrant prices, but Revolut hasn't commented on whether trades were actually filled.
  • 3Similar isolated dislocations have occurred on crypto platforms due to thin liquidity, display glitches, or pricing errors rather than broader market moves.

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Why it matters

This incident highlights platform-specific risks for Indian retail investors using apps like Revolut—glitches can create flash crashes with real trading consequences. It underscores the importance of trading on major exchanges with deep liquidity rather than relying on smaller fintech platforms for crypto transactions.

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