Explore some of the top crypto market movers on Saturday, including Mantra, Trump coin, WIF, and XRP and the main reasons why they surged

January consumer price data could help set the tone for the Federal Reserve, which will have a knock-on effect on crypto prices.

Cryptocurrency prices took a hit from the prospect of a trade war between the U.S. and its major trading partners, with some well-known digital assets seeing values fall more than 10%.

XRP has dropped 2.36% in the last 24 hours, trading at $2.43 as market participants digest former US President Donald Trump’s sweeping tariff announcements. The digital asset’s decline aligns with broader market volatility following Trump’s renewed protectionist stance,

President Donald Trump plans to impose 25% tariffs on all steel and aluminum imports from Monday. Cryptos have previously fallen on tariff announcements.