Robinhood Unveils Bitcoin Price Prediction Market for August 2026
The cryptocurrency market is always abuzz with predictions and forecasts about Bitcoin's future price. The latest development comes from Robinhood, which has released a prediction market for the price of BTC on August 23, 2026 at 4pm EDT.
According to the contract, there are several possible outcomes for the price of Bitcoin, each with a corresponding probability. If the price reaches or exceeds $77,300, the payout is 94¢ for every contract owned. If it hits $78,400 or above, the payout drops to just 4¢.
The contract resolves on the basis of CF Benchmarks' Real Time Index (RTI) prices collected at the last minute before expiration. The official and final value is the average of these 60 RTI prices.