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Revolut Says Third-Party Glitch Caused Brief Bitcoin Price to Show Near Zero

The episode underscores platform risk for millions who trade crypto inside a banking app.

Overview

  • Revolut’s app briefly showed Bitcoin near $0.02 on Friday before prices snapped back, while major exchanges kept trading around $79,000.
  • Revolut said a service disruption at an external provider produced inaccurate quotes, and it has restored pricing and begun a review.
  • Claims that buy orders executed at the aberrant levels are still unverified, leaving any customer exposure and next steps unclear.
  • Revolut’s own chart also flashed a sharp dip around £29,414, and push alerts about a 52‑week low added to user confusion.
  • The incident highlights how Revolut uses third‑party pricing rather than a full exchange order book, which can create platform‑specific failures for a very large user base.