Tether CEO Declares November 2025 as ‘Bitcoin Black Friday’ Amidst Market Volatility

Paolo Ardoino, the CEO of Tether, has identified November 14, 2025, as ‘Bitcoin Black Friday,’ referring to a day marked by significant market fluctuations in Bitcoin. The price fell below $100,000, leading to increased trading volume and volatility across various cryptocurrencies. This event coincided with heightened activity on Tether’s stablecoin (USDT) as traders sought security amid the volatile conditions.