According to @StockMKTNewz, Bank of America has raised its price target on Amazon (AMZN) to $248 from $230 while maintaining a Buy rating (source: Twitter, June 2, 2025). This upward revision signals strong institutional confidence in large-cap tech stocks, which historically correlates with increased liquidity and risk appetite in the broader financial markets, including major cryptocurrencies such as Bitcoin and Ethereum. Traders should monitor Amazon’s performance as it may act as a leading indicator for tech-driven rallies in both equity and crypto markets.