[STEAM] Valve upends the CS2 item marketplace with new “trade up” update

[Steam 0]

From the outside, Counter-Strike 2 looks a lot like a game that’s

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. For millions of players, though, the game is more about collecting and/or buying rare in-game loot and flipping it for

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.

Wednesday night, Valve sent that multi-billion-dollar market into turmoil as part of

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Now, players can use the game’s “Trade Up contracts” to exchange five common, “Covert” items (also known as “reds”) for the kinds of knives and gloves that have until now been much harder to obtain.

That “small update” has unsurprisingly had an immediate and sharp impact on the Marketplace price for those items. One rare knife that sold for over $14,000 less than 24 hours ago

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as of this writing, according to the trackers at Pricempire. Meanwhile, the median ***** price for a common P90 Asimov gun on the Steam Marketplace shot up from $10 on Wednesday to

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.

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