In 2025, crypto-linked stocks experienced significant volatility, with notable gains and losses across the sector. Bitcoin and Ethereum saw declines of 5% and 11% respectively. However, stocks like IREN, Cipher Mining, and Applied Digital surged over 150% year-to-date, highlighting the varied performance within the industry. Conversely, companies such as MARA, Bitdeer, and Sol Strategies faced sharp declines. The fluctuating fear and greed index underscored the unpredictable nature of crypto investments, emphasizing that success depended more on execution, capital strategy, and timing rather than mere association with cryptocurrencies.