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Industry

Revolut Blames Third-Party Provider for Bitcoin Pricing Error

A third-party data feed glitch caused Revolut to display Bitcoin at $0.02 before the platform restored accurate market pricing.

Written By Sharmistha Suman Sharmistha Suman
Fact Checked by Shubham Soni Shubham Soni
Published 2026-05-08·Updated 2 months ago
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Last updated: May 9, 2026 12:07 AM
Published 2026-05-08
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Last updated: May 9, 2026 12:07 AM
Published 2026-05-08
Revolut Blames Third-Party Provider for Bitcoin Pricing Error

Key Highlights

  • Revolut users received alerts showing Bitcoin trading near $0.02.
  • Revolut confirmed the glitch only affected price displays and notifications.
  • User funds, balances, and trading execution were not impacted by the incident.

Revolut users experienced a temporary disruption today as the platform briefly showed Bitcoin trading near zero. Several users received push notifications and charts showing BTC trading at around $0.02, causing confusion and brief panic among the fintech app’s crypto user base. 

The issue was also flagged by a user on X, who received a notification noting, “BTC reaches a 52-week low. The price of BTC has dropped to $0.02.”

Revolut later addressed the matter, confirming that the anomaly was restricted to price displays and notifications. A company spokesperson told media outlets, “Earlier today, a service disruption at a third-party provider resulted in inaccurate pricing on our platform. We can confirm that this issue has been rectified and pricing is now reflecting the market conditions.”

Glitch didn’t affect trading execution 

The issue reportedly originated from a disruption at one of Revolut’s third-party data providers responsible for price feeds. As per the reports and screenshots circulated widely, the pricing appeared in the app for a short period, indicating a glitch, with some users getting alerts regarding a drastic price crash. 

The glitch did not affect trading execution, user balances, or the broader cryptocurrency market. The user funds were also safe and weren’t compromised during the display error. 

Bitcoin continued trading normally around $80,000 at the time of the incident. At the time of this writing, the price of the asset remains around $79,834, being 0.01% low in the past 24 hours and 2.07% up in the past week, according to CoinMarketCap.

The intraday low and high sit at $79,205.22 and $80,447.26, respectively, with a market capitalization of $1.59 trillion. However, the token still remains 36.79% down from the all-time high near $126k reported on October 7, 2025. 

Revolut recently secured full UK banking license

In a separate development, Revolut last month obtained a banking license from the UK financial authorities following the removal of all conditions attached to its use. This marked an end to years of waiting by the fintech firm, which first submitted a banking license application in 2021. 

The financial authorities issued the company with a conditional license in July 2024, permitting it to conduct tests with a few clients. Now that it holds a full license, Revolut will be able to provide full banking services, including deposits, to all its UK clients.

Need for cross-verifying data before trading 

As an integrated platform, Revolut relies on various third-party providers for market data, liquidity, and order execution. Interruptions anywhere along this line will have implications for the user experience despite the functioning of the wallet and trading services. 

The disruption was brief as Revolut confirmed that its pricing was restored. It is being said that the company is reviewing how the problem occurred with its third-party provider to ensure such problems do not occur again. The occurrence provides real-life examples of the need for users to double-check information from various sources before engaging in any trade. 

Although the problem was immediately fixed by Revolut, it will contribute to debates over data architecture in the growing crypto-financial sector. At present, all Revolut systems seem to be working as normal. There is nothing for the affected users to worry about as far as their accounts are concerned.

Also Read: Pharos (PROS) Debuts on Upbit and Bithumb With Strong Early Demand

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)
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Sharmistha Suman
By Sharmistha Suman
Sharmistha Suman is a Crypto Journalist at The Crypto Times, based in Bhopal, Madhya Pradesh. She covers Bitcoin and Ethereum price action, Indian crypto regulation, and emerging Web3 protocols, with a particular focus on how Indian retail and institutional investors participate in the global digital asset market. She joined The Crypto Times in April 2026. Sharmistha has been writing on cryptocurrency and blockchain since 2022. Before joining The Crypto Times, she contributed to The News Crypto and Todayq, and produced independent research on Indian crypto adoption, the country's evolving regulatory framework, and the developer ecosystems building on Ethereum and Solana. She holds a Master's degree in Digital Journalism and a Bachelor's degree in Journalism and Creative Writing, both from Makhanlal Chaturvedi National University of Journalism and Communication in Bhopal.
Shubham Soni
By Shubham Soni
Follow:
Shubham Soni is the Editor at The Crypto Times, based in Ujjain, Madhya Pradesh. He oversees the editorial desk, reviewing daily news coverage of cryptocurrency markets, US and Indian regulation, institutional adoption, the Solana ecosystem, AI agents, and Real World Assets (RWAs). All policy and markets coverage at The Crypto Times passes through his desk before publication. Before joining The Crypto Times in October 2025, Shubham managed news desks at Sportskeeda and Opoyi, covering global politics, sports, and entertainment for high-volume newsrooms serving the US and Indian markets. His four years in fast-paced newsrooms shaped his approach to fact-checking, source verification, and structural editing on complex stories. Shubham holds a Master's degree in Journalism from Makhanlal Chaturvedi National University of Journalism and Communication (Bhopal) and a Bachelor's degree in Journalism from Amity University Rajasthan. 

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