Bitcoin Price Surges Above $87,000 on Softer-Than-Expected Jobs Data

Bitcoin's price surpassed $87,000 on Friday morning in New York, attributed to sustained inflows into Bitcoin exchange-traded funds (ETFs) and recent U.S. jobs data indicating a slight increase in unemployment. The cryptocurrency experienced a 2% price surge over a 24-hour period, reaching $85,990, and has also demonstrated significant upward movement throughout the past week.