I still have a doubt if it would completely affect the whole Bitcoin market although there's a sudden changes recently yet it's not that strong. I think this hot topic of a war going on between with these two nations might really affect the cryptocurrency market because we know what is the US are capable of.
Would people flee into crypto currencies (at least the major ones) as a safe haven? Or get out of them, because they would expect prices to fall when the economy slows down? I could imagine that people move more to savings accounts, despite the 0% interest.