Question: A new regulation in cryptocurrency, leads to a big decrease in the demand for Bitcoin. At the same time, Bitcoin launches a new token, leading

A new regulation in cryptocurrency, leads to a big decrease in the demand for Bitcoin. At the same time, Bitcoin launches a new token, leading to a small increase in the supply of coins. What happens to the equilibrium price and quantity of bitcoins crypto?

Both equilibrium price and quantity increase.

Equilibrium prices goes up and quantity goes down.

Both equilibrium price and quantity fall.

Equilibrium price goes down and quantity goes up.

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