If the conflict escalates, I think it will have an impact on international trade and cryptocurrency, what do you think?
Yes, if the conflict escalates into a war, we'll definitely have an impact on international trade and economy. And maybe it might have an impact on Crypto. But I don't think that this wouldn't escalate to war.
I also don't think Indias army is anywhere close to the strength of China (but I might be wrong on this as I haven't studied the two).
It's true that China is far ahead of India when you compare the Military strength, but India is not as weak as in 1962. In the current scenario, India can inflict damage to China. So a war would be an act of stupidity as both countries will face severe damages at the hands of each other and will fallback from their global positions.
The escalation of tension between China and India is not solely the desire of the two countries but rather because it is driven by the interests of other parties. India is used as a proxy by the United States to be present in the Asian region especially Southeast Asia which is the center of China's foreign interests in the future as an energy self-sufficiency country. So the Indian conflict in China is an extension of competition between China and America.
The success of 5.0 colonialism that was used by China, openly disrupted the American hegemony that was finally fought by Trump. Economically, China's position is more needed in Asia than in America. China is seen as having slightly more political power and influence than Americans in Southeast Asia today and far more power compared to America.
I don't think this has anything to do with the competition between China and America. This a border dispute which dates back to 1920s when the British were ruling India. If you check it you could see that almost every year, there will be a border issue between the two countries and its the same with most of the neighbouring countries.
So I believe that this is yet another border conflict which will subside after a few weeks hopefully.