Robinhood Sets BTC Price Range for August 2026 Prediction Market
The crypto prediction market on Robinhood has set a price range for Bitcoin (BTC) on August 17, 2026 at 2am EDT. According to the source, the possible prices for BTC are $63,400 to 63,499.9999¢, $63,000 to 63,099.991¢, and $63,100 to 63,199.991¢.
The prediction market uses CF Benchmarks' Real Time Index (RTI) to determine the official price of Bitcoin. The RTI collects 60 prices at the last minute before expiration and calculates the average value. This is then used as the final determination for the contract outcome.
Payouts are made if the prediction is correct, with users receiving $1 for every contract they own. However, it's worth noting that trading prohibitions apply to certain individuals, such as those employed by Source Agencies or holding material non-public information on the underlying asset.