Robinhood Sets August 9 Price Target for Bitcoin
The price of Bitcoin will be determined by Robinhood's Crypto Prediction Market on August 9, 2026. At that time, the market will settle on whether the price will be at or above $64,700, $64,800, or $64,900, with varying payouts for each outcome. The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration and takes their average as the official value.
Investors can participate in this market by owning contracts, with payouts of $1 for every contract held if the prediction is correct. However, they must be aware that trading prohibitions apply to persons employed by certain Source Agencies or holding material non-public information on the Underlying asset.