Bitcoin clings to 83k floor as Zcash sinks and Brent crude rallies

Bitcoin is digging in its heels at the $83,000 mark while the broader market catches a chill. ZEC isn't faring as well, sliding 12% as traders ditch privacy coins for safer harbors. Global equities just hit a one-week low, spooked by Brent crude's two-day winning streak and the looming threat of stickier inflation. Everyone's eyes are glued to Wednesday's PCE data, the Federal Reserve's favorite metric for deciding how much more pain to inflict with rate hikes. The bond market is already pricing in a hawkish shift, betting that the central bank isn't finished tightening the screws just yet. Risk assets are feeling the squeeze of rising energy costs and a stubborn dollar. If the PCE numbers come in hot, that $83,000 support level will face its toughest stress test of the month. Will the bulls hold the line, or is the macro pressure finally too heavy to carry?