Robinhood Launches Prediction Market for Bitcoin's August 2026 Price
The prediction market for Bitcoin's price on August 23, 2026 at 7am EDT is now live on Robinhood. The platform offers a range of possible prices from $76,700 to $76,799.9923¢, with four other price ranges below and above this target.
The contract resolves based on the average of 60 Real Time Index (RTI) prices collected by CF Benchmarks at the last minute before expiration. This is a key detail, as not all cryptocurrency price data is created equal.
For those who own contracts and correctly predict Bitcoin's price within this range, they will receive $1 for every contract owned. However, it's essential to note that trading involves significant risk and may not be suitable for everyone, especially considering the restrictions on certain individuals mentioned in the terms and conditions.