Robinhood Launches Bitcoin Price Prediction Market

The cryptocurrency market is abuzz with predictions about Bitcoin's price on July 7, 2026. Robinhood has opened a contract allowing users to predict whether the BTC price will be within a certain range at 9am EDT. The outcome of this contract will determine the accuracy of these predictions.

According to the terms of the contract, the price used to determine the outcome is based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected and averaged to determine the final value.

This prediction market allows users to bet on their predictions with a potential payout of $1 for every contract they own if their prediction is correct. However, users must be aware of the trading prohibitions, which include persons employed by certain agencies or holding material non-public information on Bitcoin.