Robinhood's Bitcoin Price Prediction Market Opens on August 28, 2026

The prediction market on Robinhood is offering a chance to predict the price of Bitcoin (BTC) on August 28, 2026 at 1am EDT. The predicted range for BTC's price is $79,800 to $79,899.9919¢ and $79,600 to $79,699.9917¢. These ranges are based on CF Benchmarks' Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration and averages them for the final value.

The contract allows traders to bet on whether BTC's price will fall within these ranges or not. If a trader's prediction is correct, they can receive $1 for every contract they own. Alternatively, they can close their position before the event resolves. However, additional fees apply, and it's essential to read the full contract terms and conditions.

The trading hours are 24 hours a day, except on Thursdays from 3am-5am ET. The payout for correct predictions is usually within one hour of the event resolution. It's crucial to note that only CF Benchmarks' prices are used to determine this market, and not all cryptocurrency price data is the same.