Robinhood Offers Bitcoin Price Predictions for August 30th
Risk-takers are placing bets on Bitcoin's price for August 30th at 6pm EDT. The Robinhood Crypto Prediction Market offers a range of possibilities, from $78,300 to over $78,700.
The market uses the CF Benchmarks' Real Time Index (RTI) to determine its outcome. At the moment before expiration, sixty RTI prices are collected and averaged for an official value.
A trader can win $1 per contract if their prediction is correct, or close their position before the event resolves. However, futures and options trading involves significant risk and may not be suitable for everyone.