TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 2, 5:00 PM EST
Kalshi
This market tracks whether Bitcoin's price will exceed $48,499.99 at 5 PM EDT on July 2, 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%. The resolution will be determined by CF Benchmarks' official BRTI data at the exact time window on July 2, 2026 at 5 PM EDT, which marks the end of the betting period for this price level.
Resolution is based on the simple average of sixty seconds of CF Benchmarks' Bitcoin Real-Time Index (BRTI) collected immediately before 5 PM EDT on July 2, 2026. Each outcome corresponds to a specific price threshold, with resolution to Yes if the 60-second average exceeds the threshold value by at least 0.01. The official price source is CF Benchmarks' RTI, not alternative sources like Google or Coinbase. At market expiration, 60 individual RTI prices are sampled, and their arithmetic mean determines the final settlement price against which all thresholds are evaluated.
Prediction market odds reflect traders' collective expectations about Bitcoin's price at a specific future moment, whereas spot price expectations are typically derived from analyst forecasts, technical analysis, or survey data. This market embeds real financial incentives—traders who forecast accurately profit, while those who are wrong lose capital. That skin-in-the-game dynamic often makes prediction markets more responsive to emerging information than passive surveys. Comparing the odds here to published analyst price targets can reveal where the market consensus diverges from traditional financial forecasting.
On Kalshi, this market is priced through an order-book mechanism where traders submit bids and asks for contracts tied to specific Bitcoin price ranges or outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each contract reflects the probability that traders assign to that outcome occurring by the resolution date. As new trades execute, prices adjust in real time. Traders can enter or exit positions at any time before the market closes, and the final contract price at settlement is determined by which outcome actually occurs on July 2, 2026 at 5pm EDT.
This market resolves around Jul 2, 2026, once Bitcoin's price at that specific moment can be verified from credible public sources. The outcome is determined by the actual BTC price recorded at 5pm EDT on July 2, 2026. Traders holding contracts corresponding to the correct price range or level receive their payout, while those on incorrect outcomes receive nothing. Resolution typically occurs within hours or days after the event, pending confirmation from established price feeds and market data providers.
Major catalysts that could shift odds include regulatory announcements affecting cryptocurrency adoption, macroeconomic policy changes, significant security breaches or technical developments in Bitcoin's network, and shifts in institutional or retail demand. Geopolitical events, central bank decisions, and competing asset performance can also influence Bitcoin's trajectory. Quarterly earnings reports from major crypto exchanges and custody providers, as well as changes in mining economics or energy costs, may move trader sentiment. Real-time news flow and technical chart patterns often trigger rapid repricing as participants update their forecasts closer to the July 2026 resolution date.