BTC Price Hits $84,900 Threshold in Robinhood Prediction Market
On October 4, 2026, at 1am EDT, a significant event in the cryptocurrency market took place. The price of Bitcoin (BTC) was the focus of a prediction market offered by Robinhood, a well-known derivatives trading platform. The market allowed participants to bet on whether the price of BTC would reach or surpass certain thresholds.
The specific targets were $84,700, $84,800, and $84,900, with increasingly higher payouts for reaching each target. A small 3¢ payout was even offered for a price above $85,000. The price used to determine the market's outcome was based on CF Benchmarks' corresponding Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration.
Trading for this market took place 24 hours a day, except for Thursday mornings between 3am and 5am ET. The contract resolution determined the outcome, with payouts usually made within one hour of the event's conclusion.