Revolut app reportedly shows BTC price glitch at $0.02

Users of the neobank Revolut, which offers investment services for crypto and crypto-related stocks, witnessed the price of BTC being displayed at just two cents on the app, CoinDesk reported. Screenshots showed the price temporarily dropping to $0.02 before recovering to its normal level, though it has not been confirmed whether any trades were executed at that price. During the same period, major exchanges listed BTC at around $79,000, according to CoinGecko and CoinMarketCap, indicating there was no market-wide crash. Revolut has not yet issued an official statement on the matter.