Revolut Bitcoin price briefly 'flash crashes' to $0.02, suspected display or liquidity glitch
Some Revolut users saw the price of Bitcoin (BTC) temporarily plunge well below global market levels within the app on Friday. The candlestick chart showed the price dropping sharply before quickly returning to normal levels, with the lowest quote captured in screenshots at approximately $0.02. Major exchanges tracked by CoinGecko and CoinMarketCap did not exhibit similar anomalies, with BTC trading around $79,000 during the same period. Revolut has not yet responded to whether any real trades were executed at the abnormal price. If such trades did occur, the platform may need to determine whether they resulted from actual liquidity matching, quote routing issues, or a front-end price display error. Industry insiders note that insufficient liquidity depth, temporary withdrawal of orders by market makers, or disruptions in quote sources can all lead to extreme 'flash crash' scenarios on a single platform. (CoinDesk)
