Robinhood Prediction Market Sets Stage for Bitcoin Price Guessing Game
Risk-takers and investors are betting on the future price of Bitcoin with a Robinhood prediction market. The contract, which expires on August 30, 2026 at 2am EDT, allows users to predict whether the price of BTC will be within certain ranges.
The current trading ranges are $78,100 to $78,199.9936, $78,000 to $78,099.9923, and $78,200 to $78,299.9917. If the price is below $68,199.99 at expiration, the payout will be 0 cents.
The contract uses CF Benchmarks' Real Time Index (RTI) prices to determine the outcome. The official and final value is the average of 60 RTI prices collected at the last minute before expiration.