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Bitcoin Falls Below $60,000 After Supreme Court Blocks Trump From Removing Fed Governor Lisa Cook

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2026-06-30 06:14:54
The U.S. Supreme Court ruled 5-4 on June 29 that President Donald Trump cannot remove Federal Reserve Governor Lisa Cook for now. According to NS3.AI, the decision keeps a hawkish Federal Reserve in place after the June FOMC meeting eliminated rate cut projections for 2026.

Bitcoin (BTC) dropped below $60,000 on Monday and is now down more than 50% from its all-time high.
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