The cryptocurrency space has picked up momentum in recent sessions amid hopes that a spot Bitcoin (CRYPTO: BTC) exchange-traded fund will soon receive regulatory approval. The top two cryptocurrencies in terms of market capitalization, namely Bitcoin and Ethereum (CRYPTO: ETH), took off early Sunday. What Happened: Bitcoin, which closed above $39,000 level on Saturday for the first time since early May 2022, advanced further on Sunday. After opening at $39,472.21, the apex crypto rose to an intraday high of $39,726.74 at around 9 a.m. and has since squandered some of the gains. At last check, …

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