Robinhood BTC Price Prediction Market Sets Sights on Aug 30, 2026
The price of Bitcoin (BTC) is the focus of a prediction market on Robinhood. The market is centered around a specific date and time, August 30, 2026 at 8pm EDT. Traders can bet on whether the price will reach certain thresholds.
According to the contract terms, if the price closes above $78,300, those who bet on this outcome receive 60¢ for each contract they own. If it reaches $78,400 or higher, traders get 45¢ per contract, and if it goes beyond $78,500, they receive 30¢ per contract.
The contract uses prices from CF Benchmarks' Real Time Index (RTI) to determine the final outcome. These prices are collected at the last minute before expiration, and the official value is the average of these 60 prices.