Crypto update

  This week in coins This week in coins. Illustration by Mitchell Prefer for Decrypt. In the first week of the new year, the leading cryptocurrencies are all in the green after a brutal 2022. None of the top 20 cryptocurrencies posted major losses this week.  Bitcoin (BTC) and Ethereum (ETH) both sustained modest appreciation throughout the entire week and are up 2% and 5%, respectively, over the past seven days, according to Coin Market Cap data. Bitcoin currently changes hands at $16,922. Ethereum at around $1,263 at the time of writing. But the two market leaders played second fiddle to an explosive recovery rally by Solana (SOL), which rose 32% in the past week, the most of any top-20 coin.  Solana's rally started with an 11% bump on Monday. The surprise rebound came after SOL had been in freefall since the catastrophic collapse of FTX in November. The exchange, and founder Sam Bankman-Fried, was a leading investor and booster of the Solana ecosystem.  Solana surged a