Today: 21 May 2026
Bitcoin price jumps toward $92,000 as U.S. crypto bill draft lands; Coinbase, Strategy rise premarket

Bitcoin price jumps toward $92,000 as U.S. crypto bill draft lands; Coinbase, Strategy rise premarket

New York, Jan 13, 2026, 06:23 EST — Premarket

Bitcoin climbed roughly 1.7% to hit $92,040 early Tuesday as traders kept a close watch on Washington headlines and a packed U.S. economic calendar.

A Senate discussion draft of the Digital Asset Market Clarity Act would prohibit digital-asset service providers from paying “interest or yield” just for holding a payment stablecoin—a token pegged to the dollar—while allowing exceptions for rewards tied to transactions and other user participation, the text revealed. It also instructs the SEC and CFTC to develop disclosure rules within 360 days, requiring “plain English” explanations of compensation linked to stablecoin use. Senate Banking Committee

Macro is pulling its weight. Economists surveyed by Reuters predict U.S. consumer prices climbed 0.3% in December, pushing the annual pace to 2.7%. Core CPI, which excludes food and energy, is also expected to rise 0.3% for the month. “We expect the CPI report to show a meaningful payback after collection issues,” said Oscar Munoz, chief U.S. macro strategist at TD Securities. Reuters

Crypto-related U.S. stocks nudged up before the open, following bitcoin’s lead. Coinbase (COIN) climbed roughly 0.9%, Strategy (MSTR) added about 3.1%, and miners Marathon Digital (MARA) and Riot Platforms (RIOT) jumped around 4.2% and 7.4%, respectively.

Strategy revealed in an SEC filing Monday that it snapped up 13,627 bitcoin in the week ending Jan. 11, shelling out roughly $1.247 billion at an average price of $91,519 per coin. The company reported holding 687,410 bitcoin as of Jan. 11, financing the buys through proceeds from its at-the-market stock sale programs.

In other crypto moves, ether edged up roughly 0.5% to $3,132, while XRP climbed close to 1%, hitting $2.06.

The stablecoin language is already facing criticism, with some crypto execs saying it risks swinging the advantage back to traditional banks. “Stablecoins were originally seen as an alternative to traditional banking, but this draft proposal curbs the passive yield feature,” Kadan Stadelmann, chief technology officer at Komodo Platform, said. Decrypt

But the risk is clearly marked on the calendar. U.S. stock index futures dipped slightly ahead of the inflation report and major bank earnings. Adding to the jitters, Reuters reported a criminal probe has been launched into Federal Reserve Chair Jerome Powell. Should the CPI come in hot, bond yields could spike, and risk assets often retreat quickly — with crypto dragged along in the fallout.

The U.S. CPI report drops at 8:30 a.m. ET. After that, investors will be watching to see if the Senate Banking Committee advances the crypto market-structure bill during its markup set for Jan. 15.

Stock Market Today

  • Intuit Q3 Fiscal 2026 Earnings Surpass Estimates on Consumer and Business Growth
    May 21, 2026, 3:13 PM EDT. Intuit Inc. reported third-quarter fiscal 2026 non-GAAP earnings per share of $12.80, beating estimates by 2.56% and up from $11.65 a year ago. Revenues rose 10.4% to $8.56 billion, surpassing consensus estimates driven by strong growth in QuickBooks Online Accounting revenues, which increased 22%. Consumer segment revenues grew 7.5% to $5.27 billion, with TurboTax and Credit Karma contributing significantly. Global Business Solutions revenues surged 15.3% to $3.29 billion, reflecting robust demand across small- and mid-market offerings. Operating income rose across segments despite a modest margin contraction due to higher marketing and staffing costs, which increased total operating expenses by 11%. Intuit demonstrated solid platform momentum and raised guidance, highlighting sustained growth across consumer and business ecosystems.

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