Robinhood Sets Multiple Price Ranges for August 2026 Bitcoin Value
On August 14th, 2026, at 12am EDT, the price of Bitcoin is set to be determined by a prediction market on Robinhood. According to the platform's data, there are multiple possible price ranges for BTC: between $63,300 and $63,399.9938, between $63,400 and $63,499.9936, or between $63,200 and $63,299.9915.
The prediction market allows users to place bets on the outcome of the contract, with each contract worth $1. If a user's bet is correct, they will receive their payout within an hour of the event resolution.
It's worth noting that 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 averages them for the official value.