UAE Exits OPEC After 59 Years; Bitcoin Drops Below $76,000 as Hormuz Supply Shock Ripples

The United Arab Emirates has announced it is leaving OPEC after 59 years, a move that comes as markets react to supply disruption risks tied to the Strait of Hormuz. Bitcoin fell below $76,000 amid the broader risk-off tone sparked by the potential shock to energy flows through the key shipping corridor.