I agree that the war between Israel and Palestine seems to be getting hotter. We hope there will be a good resolution to this, because the war will have a big impact on the economy.
The market can change very quickly depending on the news released, remember the crypto market is very vulnerable to news, both good and bad.
I don't know whether the war between Palestine and Israel can affect the impact of the crypto market, even though it has had an impact on the economy because of the boycott of one of the companies, their share prices fell by 40%, but I don't know of any news sources linking the impact of the war on Palestine and Israel could influence the crypto market.
I think the current trend news is looking forward to the halving period next year, they are optimistic that the market will increase to reach a new ATH price.
It's obvious that there's no affect to the market itself or even on traditional based market. Although we really don't want to hear and see war as there are a lot of collateral damages already and the number of people being affected are increasing day by day.
The block halving is already given, what the current trend is all about the approval of Bitcoin spot ETF and this news fuels the bullish sentiments that we have right now. Price is still above $40k and we can say that we are already in the bull run coming next year.