Revolut App Glitch Causes Wild Crypto Price Fluctuations

The Revolut app experienced a technical issue that caused cryptocurrency prices to fluctuate wildly, leaving users concerned about data accuracy and market stability.

According to reports, Bitcoin briefly traded as low as $0.02 on the app, while other cryptocurrencies like Ether, Solana, and XRP also saw sharp price drops not reflected on major exchanges like Coinbase and Binance.

The incident sparked concerns about the risks of erroneous data feeds in thin order book environments, with some experts suggesting that market illiquidity could have played a role in the anomaly.