Counter-Strike 2 Update Drops Almost $2 Billion from Market Cap

Traders began mass-selling or repricing their inventories, triggering a snowball effect across the market. However, the sudden surge in knife supply led to a sharp decline in average knife prices. Just a week earlier, Telegram channels were celebrating a milestone — the CS2 market had surpassed $6 billion for the first time, showing a 4.98% increase in 30 days.