TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 1, 5:00 PM EST
Kalshi
This market tracks whether Bitcoin's price will exceed $48,999.99 at 5 PM EDT on July 1, 2026, based on the sixty-second average of CF Benchmarks' Bitcoin Real-Time Index immediately before that timestamp. On Kalshi, the leading outcome currently stands at 99.5%. Resolution will be determined by CF Benchmarks' official BRTI data at the exact settlement time of 5 PM EDT on July 1, 2026.
Resolution is determined by the simple average of sixty seconds of CF Benchmarks' Bitcoin Real-Time Index (BRTI) collected immediately before 5 PM EDT on July 1, 2026. Each outcome corresponds to a specific price threshold, with resolution to Yes if the 60-second average exceeds the threshold value (e.g., above 48999.99 for the $49,000 outcome, above 49999.99 for the $50,000 outcome, etc.). The official price is calculated as the mean of all 60 RTI prices collected during the final minute, providing standardized, institutional-grade pricing based on CF Benchmarks' methodology rather than retail sources.
Prediction market odds often diverge from near-term spot prices because traders are pricing in longer-term volatility, macroeconomic shifts, and regulatory developments over the next 18 months. While spot markets react to immediate news, this market aggregates expectations about where Bitcoin will trade at a specific moment in mid-2026. Comparing the implied probabilities here to analyst forecasts and traditional financial models can reveal whether traders are pricing in more or less upside than consensus expects. The gap between current spot price and the market's central tendency reflects collective uncertainty about Bitcoin's trajectory.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares representing different Bitcoin price ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share's price reflects the probability traders assign to that outcome occurring by the resolution date. As new trades flow in, the odds update in real time, and you can place limit or market orders to enter or exit your position. The tighter the bid-ask spread, the more efficiently the market is pricing the event; wider spreads may indicate uncertainty or lower liquidity in specific price brackets.
This market resolves around Jul 1, 2026, at which point the outcome is confirmed once the Bitcoin price at that specific moment is verifiable from credible public sources. Traders holding shares in the winning price range receive their payout, while losing positions expire worthless. The resolution hinges on an objective, timestamped price observation rather than subjective interpretation, ensuring clarity and finality. Until that date arrives, positions remain open and can be traded or closed at any time.
Major catalysts include Federal Reserve policy shifts, inflation data, geopolitical tensions affecting risk appetite, and Bitcoin-specific developments such as regulatory announcements or institutional adoption milestones. Macroeconomic recessions or rallies typically drive broad crypto sentiment, while technological upgrades or security incidents can shift trader conviction about long-term Bitcoin viability. Central bank digital currency announcements and changes in corporate treasury allocations also influence expectations. Monitoring financial news, on-chain metrics, and regulatory headlines will help you anticipate moves in this market before they fully price in.