Bitcoin surged above $87,000 on Friday morning in New York, supported by steady exchange-traded fund flows and a jobs report showing higher US unemployment. Bitcoin recently traded at $85,990 after rising 2% over 24 hours. Bureau of Labor Statistics data released Friday showed that nonfarm payrolls increased by 29,000 last month after downward revisions to the prior two months. Weaker-than-expected jobs data can support riskier assets such as bitcoin and stocks.