Robinhood Offers Bitcoin Price Prediction Contracts Ahead of August Deadline
The cryptocurrency market has its eyes on the price of Bitcoin (BTC) as it approaches a key date in August 2026. Robinhood's Crypto Prediction Market is offering contracts that allow users to predict whether the BTC price will reach specific targets by August 23, 2026 at 7pm EDT.
The contracts are based on CF Benchmarks' Real Time Index (RTI) and use an average of 60 RTI prices collected in real-time. If a user predicts correctly, they can earn $1 for every contract owned.
The market is currently offering odds on several price targets, including $76,500 or above, $77,600 or above, and $79,000 or above. Users can also close their positions before the event resolves, but additional fees apply.