Valve’s Counter-Strike 2 Update Sparks $5.8B Market Crash, Rekindling NFT Debate

The vibrant market for cosmetic items within the popular esports title Counter-Strike 2 experienced a significant downturn following an update to the game’s mechanics. A report by Esports News dated October 8th revealed that the Counter-Strike 2 skin market reached a record high of nearly $5.78 billion before experiencing a sharp decline, with Eurogamer reporting nearly $2 billion in losses attributed to the recent update.