Crypto markets are currently reacting more to macro‑risk metrics (Fear & Greed = 26, macro signal = fearful) than to isolated incidents. Even low‑significance events in the Israel‑Gaza conflict can tip the broader risk appetite, influencing safe‑haven flows into Bitcoin and pulling capital from risk‑on assets like equities and altcoins.

An Israeli airstrike in northern Gaza killed five Palestinians, including three children, near a mosque in the town of Beit Lahia on Wednesday evening.