Supreme Court Blocks Trump From Firing Governor Leaving Bitcoin with Hawkish Fed

The U.S. Supreme Court’s 5-4 ruling blocking President Trump from immediately firing Federal Reserve Governor Lisa Cook reinforces Fed independence and keeps policy expectations hawkish. For Bitcoin, the decision is negative in the near term because it reduces the odds of a more dovish Fed and preserves the possibility of higher-for-longer rates, which typically दब pressure on non-yielding assets like BTC. The article notes that the June FOMC removed rate-cut expectations for 2026 and even reopened the door to hikes, while Bitcoin ETF outflows continued and BTC recently slipped below $60,000, more than 50% off its all-time high. The broader market takeaway is that crypto remains sensitive to U.S. monetary policy, and the court ruling removes a potential catalyst for easier financial conditions.