Today: 20 March 2026
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NYSE:IBTC 2 January 2026 - 13 January 2026

Bitcoin price today nears $93,500 as Senate crypto bill lifts Coinbase, Strategy stock

Bitcoin price today nears $93,500 as Senate crypto bill lifts Coinbase, Strategy stock

Bitcoin rose 2.2% to $93,478 Tuesday, with Coinbase up 3% and Strategy gaining 4.2% after disclosing a $1.25 billion bitcoin purchase. U.S.-listed spot bitcoin ETFs advanced about 2.3%. Senators late Monday released draft legislation to clarify crypto rules, granting the CFTC more oversight. December CPI rose 0.3%, keeping annual inflation at 2.7% ahead of the Jan. 27-28 Fed meeting.
Bitcoin price today rises toward $90,000 as ETF flows and Fed bets steer sentiment

Bitcoin price today rises toward $90,000 as ETF flows and Fed bets steer sentiment

Bitcoin rose 1.8% to $89,441 early Friday, nearing $90,000 as U.S.-listed spot bitcoin ETFs stayed in focus after year-end outflows. Crypto-linked stocks fell in premarket trading, with Coinbase down 2.4% and Marathon Digital off 3.6%. Ether, XRP, and solana also gained. Traders looked ahead to next week’s U.S. jobs data and President Trump’s expected Fed chair pick.

Stock Market Today

  • Magna International (TSX:MG) Shares Dip Amid Mixed Valuation Signals
    March 20, 2026, 1:38 PM EDT. Magna International (TSX:MG) saw a recent share price pullback of about 3% in a month, despite a strong one-year shareholder return of 45.5%. The company, a major global auto parts supplier, holds a market value near CA$21 billion with reported revenue of CA$42 billion and net income of CA$829 million. Analysts show a wide range of price targets from CA$54.51 to CA$80.21, with a consensus target of CA$65.91. The popular valuation narrative suggests Magna is undervalued at CA$89.71 per share, driven by expected revenue growth, margin improvements, and disciplined cash flow. However, risks around vehicle production and cost pressures could impact margins. Magna trades at a P/E ratio of 18x, above the North American auto components group average but below peers, reflecting mixed market sentiment on future growth prospects.
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