US Crypto Market Rebounds Past $2.7 Trillion as Revolut Discloses Bitcoin Holder Data in Security Lapse

Bitcoin and Ethereum Lead a Broad Market Recovery

The global cryptocurrency market capitalization rose roughly 0.8% to about $2.73 trillion on Friday, pulling most major assets higher after a rocky week of inflation-driven selling. Bitcoin traded near $77,300, up modestly on the day, while Ethereum outperformed with a gain of more than 2.5%, changing hands around $2,530. Bitcoin's dominance held steady at roughly 57% of the total market, with Ethereum accounting for just over 11%.

The bounce followed a choppy session shaped by fresh US inflation data. Earlier in the week, hotter-than-expected producer price figures had pushed Treasury yields higher and triggered a wave of de-risking across leveraged crypto positions, with Bitcoin briefly testing support near $76,000 before buyers stepped back in. Spot Bitcoin ETFs logged a second consecutive day of net outflows, while Ether ETFs told a different story, pulling in roughly $216 million — their strongest single-day inflow of the month.

Regulatory Clarity Still Awaits Congress — But Enforcement Won't Wait

Washington remains the backdrop to nearly every move in US crypto markets this week. The CLARITY Act, the digital-asset market-structure bill working its way through the Senate, is headed toward a cloture vote around September 15, and lawmakers are still negotiating over its final scope. Industry watchers describe the vote as one of the most consequential regulatory moments for US crypto policy this year.

Notably, Coinbase's US policy chief said publicly that American regulators can continue building out crypto market-structure rules even if the CLARITY Act stalls in the Senate — a signal that federal agencies intend to keep shaping the rules of the road regardless of how or when Congress acts. For traders and builders, the message is that regulatory uncertainty is unlikely to disappear overnight, even on a day when market sentiment is turning more optimistic.

Revolut Discloses Bitcoin Transaction Histories After Fake Government Request

Away from price charts, a very different kind of crypto story broke on Friday. Revolut confirmed that it disclosed sensitive customer records — including Bitcoin transaction histories — after receiving a request that appeared to come from a legitimate government agency but was, in fact, sent by an unauthorized party.

According to a customer notice shared on Telegram by on-chain investigator ZachXBT, the fraudulent request was sent from an account operating on the agency's own official email domain, meaning it passed standard authentication checks. Revolut says it believed in good faith that the request was genuine when it complied.

What Was Exposed

Per the notice, the disclosed information included customers' full names, dates of birth, occupations, postal addresses, emails, and phone numbers, along with copies of identity documents such as passports or driver's licenses and the verification selfies used during onboarding. Revolut said biometric facial-recognition data was not part of the disclosure.

Account statements were also handed over, including IBANs, account-opening dates, account status, and — notably for crypto holders — Bitcoin wallet reference numbers, withdrawal records, and full Bitcoin transaction histories. Revolut did not indicate that wallet private keys, passwords, or full card numbers were included.

ZachXBT characterized the incident as likely limited in scope and possibly focused on high-net-worth customers, though Revolut's notice does not confirm the number of people affected or how they were selected.

What This Means for US Crypto Users

The timing is notable: Revolut is actively expanding its US footprint, having received conditional approval from the Office of the Comptroller of the Currency on September 3 to open a national bank headquartered in Stamford, Connecticut, backed by roughly $95 million in initial capital. That bank could open as early as 2027, pending FDIC insurance and Federal Reserve sign-off. In the meantime, Revolut's US banking services continue to run through a partner bank.

Revolut's notice does not identify any affected customer as being based in the United States, but the episode is a reminder that even large, well-resourced fintechs remain exposed to social-engineering attacks that exploit trusted institutional channels rather than technical vulnerabilities. For crypto holders anywhere, it underscores a now-familiar lesson: transaction history tied to a verified identity can be just as sensitive as the wallet itself.

Key Takeaways

• Bitcoin held near $77,000 and the total crypto market topped $2.7 trillion as buyers returned after a volatile week of inflation-driven selling.
• Ethereum outpaced Bitcoin, rising more than 2.5% and drawing renewed ETF inflows.
• The Senate's CLARITY Act cloture vote is approaching around September 15, with regulators signaling they'll keep setting crypto rules regardless of the outcome.
• Revolut disclosed customer identity documents and Bitcoin transaction histories after a spoofed request appeared to come from an official government email domain.
• The breach notice does not confirm US customers were affected, but it lands as Revolut works toward launching a US-chartered bank.