UAE Exits OPEC+, Crypto Sees Major Outflows, Bitcoin Dips

Market News
1. The United Arab Emirates (UAE) has officially confirmed its strategic decision to withdraw from OPEC and OPEC+, a move with significant potential to impact global oil supply and prices.
2. US spot Bitcoin and Ethereum ETFs recorded a combined net outflow of over $1.25 billion this week, signaling strong selling pressure in the crypto market.
3. Bitcoin's price dropped significantly below $78,000, marking a 3.13% decline in the last 24 hours amid negative market sentiment.