Robinhood Sets Price Ranges for Bitcoin on August 22, 2026
On August 22, 2026, at 10pm EDT, Robinhood's Crypto Prediction Market will determine the price of Bitcoin. According to the contract, there are several possible price ranges that could be reached by then. The highest possible range is between $77,100 and $77,199.9994, while the lowest possible range is between $75,700 and $75,799.999. Additionally, other price ranges include $77,000 to $77,099.992 and $77,200 to $77,299.992.
The prediction market allows users to predict the outcome of the contract and receive a payout if their prediction is correct. The payout will be usually within 1 hour of event resolution and is based on CF Benchmarks' corresponding Real Time Index (RTI). The RTI collects 60 prices at the last minute before expiration, and the official and final value is the average of these prices.
It's worth noting that trading prohibitions apply to certain individuals, including those who hold material non-public information on Bitcoin. Additionally, futures, options on futures, and cleared swaps trading involves significant risk and may not be suitable for everyone.