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Олег ОнопрієнкоGameDev Eng
23 October 2025, 12:45
2025-10-23
CS2 market collapses by $2 billion after update with "crafting" knives and gloves
Just hours after the release of a controversial update for Counter-Strike 2 that allowed you to craft knives and gloves using just five items, the game's market cap fell by almost $2 billion.
Just hours after the release of a controversial update for Counter-Strike 2 that allowed you to craft knives and gloves using just five items, the game's market cap fell by almost $2 billion.
According to the HotSpawn portal, yesterday the capitalization of CS2 was about $6 billion, and now it has dropped to $4 billion. Panic selling has gripped the market after players began to massively get rid of their items. Valve added the ability to exchange five items of secret quality for a knife. Players rushed to exchange their cheap skins for knives, which significantly reduced their price.
Gaming analysts note that prices for Covert items have skyrocketed due to their limited supply, and the market continues to be in a state of “free fall.” European traders are just waking up, so the selling spree could continue for some time.
Currently, the CS2 market capitalization is estimated at $4.1 billion, but experts do not rule out a further decline - at least until the market "digests" the effect of this large-scale update.
Recall that the Ukrainian esports team Ageless Shooters, with an average age of players of about 55 years, defeated the Swedish team SWG 3.0 in the International Senior League.