I think this higher interest rate may have a negative effect on crypto (not much)
The crypto space is more or less disconnected from the traditional markets So it has nothing to gain(lose) from the change of interest rate. If there is a negative effect we will hardly see it. The FED changes are irrelevant when you such have high volatility in the crypto markets.
Crypto isn't entirely disconnectd from traditional markets. Many people borrowed fiat to buy crypto, and the rising interest rates won't help them.
Also - some people went into crypto simply because interest rates were so low they were searching for an alternate income. But once interest rates normalise, the money should flow back to traditional investments.