Amidst market turbulence triggered by President Trump’s trade policies, US Commerce Secretary Howard Lutnick has taken a significant investment in the cryptocurrency market. His family-controlled firm, Cantor Fitzgerald, invested $120.7 million in a Fidelity Bitcoin Fund. This move comes as the Trump administration navigates complex trade negotiations, impacting businesses and consumers alike. The administration extended a tariff delay on China but introduced new tariffs on aluminum. Notably, officials connected to this administration have deepened ties with both crypto companies and those affected by these tariffs, raising questions about potential conflicts of interest. Trade groups express concerns about economic uncertainty caused by unpredictable tariffs. Additionally, Lutnick’s investment highlights the growing influence of cryptocurrency as a financial instrument in an increasingly volatile market.