Revolut Users Receive Faulty Bitcoin Price Alert Showing BTC Near Zero

Some Revolut users saw Bitcoin briefly displayed at about 0.02 in the app before the company attributed the incident to a third-party provider issue.

Summary

Some users of Revolut, a financial technology company, received incorrect app alerts showing Bitcoin falling close to zero. Screenshots shared by users indicated Bitcoin was briefly displayed at around 0.02. Revolut said the error was caused by an issue involving a third-party provider, indicating the alert did not reflect the actual market price of Bitcoin. Such pricing display failures can affect user confidence, but the reported information points to a data or infrastructure problem rather than a real move in the Bitcoin market.

Terms & Concepts
  • Bitcoin price alert: An automated notification sent by an app or platform when Bitcoin reaches or appears to reach a specific price level.
  • Third-party provider: An external service company that supplies data, infrastructure, or technical functions to another platform such as a trading or finance app.
  • Market price: The current price at which an asset such as Bitcoin is trading in the broader market across exchanges.