I actually have the same problem in my 97 right now.
I've been told by a few people that if your Crank sensor is going out or quits working while your driving, that the Cam sensor will take over seeing how they both basically do the same thing.
As far as if it will make other sensors go bad, I'm not sure. Quite possibly though. Just be sure to replace them both when you get it fixed just in case, plus the Cam sensor is right above the Crank sensor so may as well do them both so you don't have to take it apart more than once.