Bitcoin tops $31,000 to start the week as hopes grow over ETF

The price of bitcoin rose to start the week, extending gains from the previous week helped by optimism about a bitcoin exchange-traded fund and a flight to safety. 

Bitcoin was trading about 5% higher at $31,384.51, according to Coin Metrics, and coming off its best week since June. It has touched $30,000 at several points in 2023 but has struggled to sustain that level or move meaningfully higher with the…