Robinhood Sets August 2026 Bitcoin Price Target: $61,800 or Above
The Bitcoin price prediction market on Robinhood's platform has set a target for August 1, 2026. The question is what will be the price of BTC at 6am EDT that day? According to the contract terms, the price used to determine this outcome is based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected, and the official and final value is the average of these prices.
The contract allows participants to predict if the BTC price will be $61,400 or above, $61,500 or above, $61,600 or above, or other targets up to $61,800 or above. The payouts for correct predictions are $1 per contract owned, with additional fees applying.
It's essential to note that trading on this contract involves significant risk and may not be suitable for everyone. Persons employed by certain agencies or holding material non-public information about the underlying asset are prohibited from trading. Live data is provided for informational purposes only and may be delayed or incorrect.