Coinbase Sets Sights on Bitcoin Price Target
The prediction market on Coinbase has set its sights on Bitcoin's (BTC) price target for September. As of now, the contract is trading at $77,848.79 with an expiry date of September 10, 2026.
This means that investors can place bets on whether or not BTC will reach this target by the specified date.
According to Coinbase, each 'Yes' contract pays out $1 if the event occurs and $0 if it does not. The price reflects the market's odds, with $77,848.79 indicating a 100% chance of reaching the target.