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Revolut Users See Bitcoin Flash Crash to $0.02 on Friday, Down From $79K Global Price

GateNews
Exchange RiskPrice VolatilitySecurity Incidentsbitcoin news
BTC-0.94%

According to CoinDesk, some Revolut users saw Bitcoin’s price plummet to as low as $0.02 on Friday, May 8, far below the global market level where BTC traded near $79,000. The price displayed a sharp dip on the app’s chart before quickly recovering to normal levels. Major exchanges tracked by CoinGecko and CoinMarketCap did not report similar anomalies. Revolut has not yet confirmed whether any trades were executed at the abnormal price or whether the incident was caused by a display error, liquidity routing issue, or market maker withdrawal.

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