Robinhood Launches Prediction Market for Bitcoin Price on August 8, 2026
A new prediction market has emerged on Robinhood, focusing on Bitcoin's price on August 8, 2026 at 7am EDT. The contract allows users to predict whether the BTC price will be within certain ranges.
The options include a range of $64,900 to $64,999.9999¢, $64,700 to $64,799.991¢, and $64,800 to $64,899.991¢. Additionally, there are longer-range predictions from $65,000 to $65,099.991¢ and $65,100 to $65,199.991¢.
The contract is offered by Robinhood Derivatives, LLC through various entities, including KalshiEX LLC, ForecastEX, LLC, or Rothera Exchange and Clearing LLC. The payout is typically within one hour of the event resolution, and users can close their positions before the outcome is determined.
It's essential to note that trading involves significant risk and may not be suitable for everyone. Live data might be delayed or incorrect, and users should carefully consider their personal financial circumstances before participating in these contracts.