Bitcoin failed to maintain its upward momentum on April 15, retreating from a $76,000 resistance level to trade around $74,000. Key Takeaways: On April 15, bitcoin retreated below $74,000 after failing to hold its $76,000 resistance level. Bitfinex says Strategy's STRC-funded purchase of 13,927 BTC created a mechanical supply squeeze.

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Tether, the company behind USDT stablecoin, has acquired another $70 million worth of Bitcoin today. The acquisition comes as BTC price struggles with a downturn, hence, igniting hopes of a potential rebound.

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Price gains were bolstered by reports that peace negotiations between the US and Iran might once again begin this week. The second-largest daily inflow in April for spot Bitcoin ETFs was $411.5 million on Tuesday, according to SoSoValue statistics.

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Cryptocurrencies rely on centralized layers that are prone to failure. Investors should take steps to mitigate those counterparty and infrastructure risks.