TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 10, 5:00 PM EST
Kalshi
This market tracks whether Bitcoin's price will exceed $48,999.99 at exactly 5 PM EDT on July 10, 2026, as measured by the sixty-second average of CF Benchmarks' Bitcoin Real-Time Index. On Kalshi, the leading outcome currently stands at 99.0%. Resolution will be determined by CF Benchmarks' BRTI methodology applied at the specified time on July 10, 2026, making the exact moment of measurement the critical reference point for settlement.
Resolution is determined by the simple average of 60 seconds of CF Benchmarks' Bitcoin Real-Time Index (BRTI) prices collected before 5 PM EDT on July 10, 2026. Each outcome resolves to Yes if this average exceeds the specified threshold for that outcome. For example, the $49,000 outcome resolves Yes if the average is above $48,999.99, the $50,000 outcome resolves Yes if above $49,999.99, and so forth through the $73,500 outcome which resolves Yes if above $73,499.99. CF Benchmarks' RTI is the authoritative price source for this market, and traders should note that prices from other sources like Google or Coinbase may differ from the official RTI used for resolution.
Prediction market odds reflect aggregated trader conviction about where Bitcoin will actually trade, which often diverges from current spot price alone. While spot price captures the market's instantaneous valuation, this market embeds forward-looking expectations, volatility assumptions, and tail-risk pricing across a range of outcomes. Comparing the implied probabilities here to analyst forecasts or traditional derivatives markets can reveal whether traders expect significant price movement, mean reversion, or stability over the interval leading to resolution.
On Kalshi, this market is priced through continuous order-book matching, where buyers and sellers directly set bid and ask prices for each outcome range. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders submit limit or market orders to express their conviction, and the platform's matching engine executes trades at the best available prices. The resulting mid-market price for each outcome bracket reflects the marginal trader's willingness to accept risk, creating a dynamic, transparent price discovery mechanism throughout the market's lifetime.
This market resolves around Jul 10, 2026, at which point the outcome is confirmed by verifying Bitcoin's actual spot price from credible public sources at the specified time. Once the event occurs and the price is established, the winning outcome bracket is determined and all positions settle accordingly. Traders who correctly predicted the price range receive their payout, while incorrect positions expire worthless.
Major catalysts for this market include macroeconomic announcements, Federal Reserve policy shifts, regulatory developments affecting cryptocurrency, geopolitical events, and Bitcoin-specific news such as exchange inflows, mining difficulty changes, or large institutional transactions. Market-wide volatility spikes, options expiry dates, and shifts in traditional asset correlations can also drive repricing. Technical levels and options gamma exposure may amplify moves near key price thresholds, while sentiment swings in social media and crypto communities often precede directional shifts in trader positioning.