Bitcoin briefly traded at roughly $0.02 on Revolut earlier this week, a wild deviation from its market price that the platform blamed on a third-party service disruption. The anomaly lasted only a short time before prices snapped back, but the episode rattled users who saw their portfolios flash near-zero balances.
What happened on Revolut
For a window of minutes on May 8, Revolut users reported seeing Bitcoin priced at pennies rather than thousands of dollars. The glitch appeared to stem from a data feed issue supplied by an external provider—Revolut didn't name the firm. The company confirmed the disruption in a statement, saying the erroneous pricing was tied to that third-party service and not a problem with its own order book or custody systems.
Some users quickly tried to buy the dip, but the platform halted trading on the affected pair before any orders could execute at the absurd price. Revolut later restored normal pricing and said no customer funds were lost.
Not the first data feed hiccup
Exchange and brokerage outages from bad data feeds aren't new, but they keep catching users off guard. In 2025, a similar feed error caused a sudden price spike on a major U.S. exchange, though that one lasted only seconds. Revolut's incident lasted longer—long enough for screenshots and panic to spread on social media.
The timing isn't great. Crypto markets have been relatively calm this spring, and a price glitch like this feeds the narrative that infrastructure still isn't reliable enough for mass adoption. Revolut has been pushing deeper into crypto services, including staking and transfers, so a data snag at this level raises questions about the resilience of its backend.
What Revolut is doing about it
Revolut said it's working with the third-party provider to figure out what went wrong and prevent a repeat. The company hasn't disclosed whether it will change vendors or build its own price feed as a backup. For now, the platform has added extra monitoring on its Bitcoin pricing stream.
The incident didn't affect Revolut's fiat or other crypto assets, and the company emphasized that client balances were safe throughout. Still, for a few minutes, a lot of people thought their Bitcoin was worth twenty bucks.
