Paolo Ardoino Labels Bitcoin Price Dip “Black Friday”
- Tether CEO labels Bitcoin plunge “Black Friday”
- BTC price dropped below $100,000
- Increased trading of USDT amid Bitcoin dip
Tether CEO Paolo Ardoino declared November 14, 2025, as “Bitcoin black friday” on social media following Bitcoin’s price dip below $100,000, sparking unusual market activity.
Ardoino’s comment reflects historical sell-off events, influencing Bitcoin and Tether trading pairs, echoing past market volatility and drawing attention to the current crypto landscape.
Bitcoin experienced a sharp price drop on November 14, 2025, with Tether CEO Paolo Ardoino calling it “Bitcoin black friday.” Intense market volatility marked the day, drawing comparisons to 2020’s “Black Thursday.” The crypto sphere witnessed frantic trading.
Paolo Ardoino of Tether highlighted the event on social media after Bitcoin prices fell below $100,000. Meanwhile, trading of USDT surged, reflecting increased activity during the sell-off. No other prominent executives issued statements at the time.
The market turbulence primarily impacted Bitcoin, which saw its value dip to approximately $95,719. Increased activity in USDT volumes was noted, signaling heightened trading due to the day’s volatility. These activities only further complicated the market landscape.
The financial impact was confined to Bitcoin and USDT trading volumes. Institutional and regulatory bodies have yet to release any direct responses or new guidelines concerning the event, maintaining a cautious approach amidst volatility.
On-chain data recorded a significant increase in trading volumes of USDT pairs, alongside elevated activity in Bitcoin exchanges. This surge bears resemblances to past market corrections caused by rapid price fluctuations and investor caution.
Historical trends draw parallels to crashes like March 2020’s “Black Thursday,” warning of potential market pattern recurrences. Analysts focus on sector resilience and future regulatory actions for clarity in such scenarios. Investors remain cautious about BTC’s recovery trajectory.
“Bitcoin black friday” amidst a backdrop of Bitcoin’s sharp price decline. — Paolo Ardoino, CEO, Tether
