Revolut Bitcoin Pricing Glitch Caused by Independent Platform Data Anomaly
Svmuu reported that financial platform Revolut experienced an abnormal cryptocurrency pricing display, with users briefly seeing Bitcoin drop to approximately $39,900 and even receiving push alerts indicating BTC had hit a 52-week low of $0.02. Other assets such as XRP, SOL, USDT, and USDC simultaneously showed false sharp declines. This price anomaly was isolated to the Revolut platform, as external data sources like CoinGecko and CoinMarketCap, along with major exchange order books, showed no corresponding fluctuations. The issue quickly corrected itself. Revolut officially acknowledged technical faults affecting certain functions and deployed a team for emergency troubleshooting and repair. Industry analysts suggest the glitch likely stemmed from a data source error, though the possibility of price jumps caused by shallow liquidity environments cannot be ruled out. This incident also highlights how, within the fragmented infrastructure of crypto market data, a single anomalous data point can easily mislead retail investors' price perceptions. (Cointelegraph)
Source:Odaily · Source Link
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