Key Takeaways

• Revolut users panicked after a glitch displayed Bitcoin crashing to $0.02.

• Users flocked to X to share screenshots.

• The incident echoes previous crypto pricing glitches and liquidation cascades.

Revolut users were briefly confronted with a nightmare scenario on Friday after the fintech app displayed erroneous Bitcoin prices showing Bitcoin collapsing to as low as $0.02, triggering panic, confusion and a flood of reactions across social media.

Revolut Bitcoin Price Glitch Sparks Panic

Users reported receiving push notifications suggesting Bitcoin had plunged more than 50% or crashed to near-zero levels.

Others said the app displayed abnormal figures and apparent sell orders executed at two cents ($0.02).

The issue appeared to affect price displays, alerts and trading information linked to Bitcoin.

Screenshots shared online showed users receiving notifications warning that Bitcoin had hit a “52-week low.”

Users Share Fear and Confusion

For many users, the alerts arrived without explanation in the early hours of Friday morning, leading some to initially fear a catastrophic market collapse.

As screenshots spread online, worried customers turned to X to compare experiences and determine whether the alerts were genuine.

One user wrote: “Woke up this morning and saw this and went back to bed.

“Thanks Revolut for nearly sending me to an early grave.”

Others questioned whether automated trades had been triggered incorrectly during the malfunction.

Another user wrote: “Wtf is this manifesting? I want to see $150000 instead of $0.02.”

“As a big fan and user of Revolut, I’m glad I didn’t see the ‘Revolut app displays erroneous Bitcoin price of $0.02 due to a technical glitch’ notice — otherwise I’d have shut my laptop on the spot,” said another user.

In responses posted publicly on X, Revolut Support said the company was “currently experiencing technical issues affecting some crypto functionalities” and reassured customers that teams were actively investigating the issue.

The glitch came despite broader cryptocurrency markets remaining relatively stable, with Bitcoin continuing to trade far above the erroneous values shown in the app.

Crypto Price Glitches and Market Anxiety

Technical glitches involving crypto prices can have an outsized psychological impact on retail investors, especially during periods of extreme volatility.

Even short-lived display errors can trigger panic selling fears and concerns over liquidation events.

The Revolut incident also highlights the growing reliance on fintech platforms and mobile alerts for real-time trading information.