Robinhood Launches Prediction Market on Bitcoin Price Range for August 2026

Rain Capital has revealed a prediction market on its platform Robinhood for a specific Bitcoin price range at a given date. The predicted event is when the price of Bitcoin will be between $64,000 and $64,099.9965¢, or within another two ranges: $64,100 to $64,199.9944¢, or $63,900 to $63,999.993¢ on August 18, 2026 at 12am EDT. The price used for this market is based on the CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, sixty RTI prices are collected, and the official and final value is the average of these prices.

The prediction market allows users to predict the outcome of the contract by purchasing a contract with a specific price range. The user can get $1 for every contract they own if their prediction is correct or close their position before the event resolves.