The ProShares Bitcoin Strategy ETF (BITO) closed at $22.70 on February 5, down 1.3%, as Bitcoin's price faced pressure from macroeconomic factors and market sentiment. Bitcoin's price, down 0.48% to $97,342.71, was influenced by a stronger-than-expected U.S. private payrolls report, which showed the addition of 183,000 jobs in January. This robust job growth has raised concerns that the Federal Reserve might maintain higher interest rates for longer, impacting investor sentiment towards Bitcoin. Additionally, tightening U.S. dollar liquidity, as indicated by the increased cash balance in the U.S. Treasury General Account, has further dampened investor sentiment. The combination of these factors has contributed to Bitcoin's struggle to maintain its position above key support levels.