- Bitcoin’s price displayed briefly at $0.019 on Revolut’s platform due to a third-party service disruption.
- The glitch caused confusion among users who received alerts stating BTC reached a 52-week low.
- Similar visual glitches and flash crashes are not uncommon across various cryptocurrency exchanges and financial platforms.
Bitcoin (BTC) experienced a bizarre, momentary display error on the UK online banking platform Revolut today, briefly showing a price of $0.019 instead of its actual value near $79,000. This fleeting dip, which lasted only seconds, was caused by “a service disruption at a third-party provider,” according to Revolut. Consequently, a flurry of confusion erupted on X as users received push notifications claiming BTC had hit a 52-week low.
The platform’s mobile app displayed the drastic drop, while the web version on Google Chrome showed a low of $73,000 around 7:45/50 GMT+1. However, neither CoinGecko nor Coinbase reflected such a crash, indicating the issue was isolated to Revolut’s data feed. Meanwhile, Revolut Support told users it was “currently experiencing technical issues affecting some crypto functionalities.”
Such visual glitches are not uncommon in the crypto sector. For instance, Binance experienced a wallet glitch last year that temporarily showed user balances as $0. Similarly, the Philippine exchange PDAX once listed BTC for around $6,000 due to a glitch, prompting a buying frenzy and subsequent legal disputes. Furthermore, a flash crash on South Korean exchange Bithumb was triggered after it accidentally rewarded a user 2,000 BTC, who then sold the assets.
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