Bitcoin approached the $80,000 mark on Monday as broad-based buying lifted major cryptocurrencies and smaller altcoins alike, extending a market recovery that has gained momentum over the past two trading sessions.

Bitcoin traded at $79,802.72 after gaining 2.9%, with $56.44 billion in volume and a market capitalization of $1.60 trillion, according to CoinGecko data. The move came a day after the leading cryptocurrency held above $77,000, suggesting that demand has strengthened across global markets.

Solana delivered the strongest performance among major cryptocurrencies, climbing 6% to trade slightly above the $100 level. Daily trading volume reached $7.35 billion, while its market capitalization increased to $58.35 billion. The rally…