Paolo Ardoino, CEO of Tether, within the damage spoke up about Bitcoin’s price — one thing he now not most frequently does. His message changed into as soon as now not a value prediction, and Ardoino kept it easy, correct welcoming Bitcoin abet at $117,000. That brief acknowledgment changed into as soon as ample to tag the stage as crucial — now not on fable of what he acknowledged but on fable of who acknowledged it.
Thus, the backdrop issues. Earlier this month, the value of the major cryptocurrency fell under $110,000 after a tough August. Since then, Bitcoin (BTC) has climbed bigger than $7,000, touching $117,272 today sooner than easing to around $116,200 before the Fed charge resolution.
Welcome abet BTC@117k
— Paolo Ardoino 🤖 (@paoloardoino) September 17, 2025
USDT sits at a $171 billion market cap and remains the major trading pair across global exchanges. On high of that, Tether itself holds 92,646.2 BTC, similar to around $10.76 billion, giving the corporate undoubtedly seemingly the most top direct corporate positions within the asset. When its CEO chooses to concentrate on a value level, it is some distance rarely correct commentary — it’s a marker that the market better to watch.
A rare instruct from the head of the corporate on the abet of crypto’s top stablecoin simply confirmed that Bitcoin’s recovery has reached a stage with psychological and technical weight.
Final analysis
Bitcoin’s rebound is being carried by the traditional drivers: $292.27 million in ETF inflows for the final day and low alternate reserves.
However the headline today is now not one other chart setup. It is that the CEO of Tether broke his silence to level on the number all the market has been watching: $117,000.
