Robinhood Prediction Market Seeks BTC Price Prophets

Rosie, an avid cryptocurrency trader, has been watching Bitcoin's price movements closely. She recently came across a prediction market on Robinhood that caught her attention.

The market, which closes on August 5, 2026, at 2am EDT, asks participants to predict whether the BTC price will be above $64,300 or below it by that time. According to the contract terms, if the participant's prediction is correct, they get a payout of $1 for every contract owned.

The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected. The official and final value is the average of these prices.