Coinbase Launches Prediction Market on BTC Price Target

Coinbase Financial Markets has announced that it will be offering a prediction market on the price of Bitcoin (BTC). The market, which is set to close on October 10th, 2026, at 11:30 AM GMT+0, allows traders to bet on whether the price of BTC will reach $77,874.51 or not.

The contract costs $1,019,169.56 and has a total value of $2.6 million. The market is open for trading and can be accessed by users who have completed the Coinbase Financial Markets (CFM) onboarding process.

Traders can use USD or USDC from their main Coinbase account to trade on the market, and any profits will be returned to their main account after the contract closes. The prediction market is a type of financial instrument that allows traders to bet on future events, in this case, the price of BTC.

It's worth noting that trading on this market involves significant risk, and users should only participate if they understand the product and its risks. Coinbase Financial Markets reminds users that past results are not a guarantee of future performance and that all trading decisions should be made with caution.