One of the things that we could be seeing right now is profits from alts, and especially

the D5 madness from over the summer, cycling back into the big cahuna, into the reserve

asset of the entire crypto space.

All it takes is a little bit of a technical adjustment, plus a heaping dose of narrative to

make big things happen in an industry

that's still relatively small. Welcome back to The Breakdown with me, NLW. It's a daily podcast on

macro, Bitcoin, and the big picture power shifts remaking our world. The breakdown is sponsored by

crypto.com, nexo.io, an elliptic,

and produced and distributed by CoinDesk. What's going on, guys? It is Tuesday, October 20th,

and today we are talking about how strong this Bitcoin push to 12K really is and why some are

bearish even as it happens. First up, however,

let's do the brief. First on the brief today, major news in antitrust as the Justice Department

announces a suit against Google. The lawsuit alleges that Google has engaged in anti-competitive conduct to preserve

monopolies in both search and search advertising. Google, of course, controls 80% of

searches in the U.S. according to this lawsuit. The Wall Street Journal is calling this

the most aggressive U.S. legal challenge to accompany's

dominance in the tech sector in more than two decades. The lawsuit focuses specifically on

things like Google's search app being preloaded and not being able to be deleted on Android

phones, as well as rev share agreements that they have that stop other search apps from

being preloaded. The Justice Department is accusing basically Google of having such a high

network effect that other companies can't innovate. Competition can't push innovation forward.

One issue they might face, however, is that traditionally antitrust has argued that

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