Bitcoin Soars to Near $87,000 After Missed US Jobs Report

Bitcoin's price has surged to near $87,000 after the US jobs report showed a bigger-than-expected miss. The US stock index futures also rose as oil prices fell by more than 3% and bond yields eased from recent highs.

The disappointing jobs numbers may have contributed to the rise in Bitcoin's price. Investors often turn to alternative assets like cryptocurrencies when they're unsure about traditional markets. However, some experts caution that this move may be short-lived, as it's not a sustainable trend.