Resolution Criteria

This market will resolve to "Yes" for any answer option corresponding to the price range that contains the exact Bitcoin (BTC) price in USD at 5:00 PM EST on the resolution date. The price will be determined by the "Bitcoin Price in USD" displayed on CoinMarketCap.com.

To resolve:

1. Visit the Bitcoin price page on CoinMarketCap.com: https://coinmarketcap.com/currencies/bitcoin/.

2. At precisely 5:00 PM EST on the resolution date, observe the "Bitcoin Price in USD" displayed prominently at the top of the page.

3. The answer option containing this observed price will resolve as "Yes." All other options will resolve as "No."

4. In the event of network issues preventing access to CoinMarketCap, the price reported on CoinGecko.com at the same specified time will be used as a fallback.

Background

Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. It was created in 2009 by an anonymous entity known as Satoshi Nakamoto. The value of Bitcoin is known for experiencing notable short-term fluctuations due to factors such as market liquidity and speculative trading. Price tracking sites like CoinMarketCap aggregate data from numerous cryptocurrency exchanges to provide a volume-weighted average price, aiming for accuracy and neutrality.

Considerations

Cryptocurrency markets operate 24/7, meaning prices can fluctuate constantly. While CoinMarketCap aggregates data to provide a generally accepted market price, minor variations may exist across different exchanges at any given moment. The resolution time of 5:00 PM EST is chosen for a specific snapshot, but traders should be aware of continuous price movements.