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On Feb. 3, Asian crypto stocks experienced significant declines as Bitcoin fell to $91,163, marking its lowest level in over three weeks.

News of the day for Feb. 3, 2025

Crypto market suffers $2.29 billion in liquidations, surpassing COVID and FTX crashes. Fears of a global trade war spark sell-offs, hitting Bitcoin, Ether, and major altcoins.

Bitcoin slid to about $95,000 Sunday night into Monday morning, while a number of cryptocurrency-related stocks also sank in premarket trading as the market reacts to the potential impact of the new tariffs rolled out by the Trump administration over the weekend.

Freight transportation and logistics provider Saia (NASDAQ:SAIA) announced better-than-expected revenue in Q4 CY2024, with sales up 5% year on year to $789 million. Its GAAP profit of $2.84 per share was 2.6% above analysts’ consensus estimates.

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