Market Madness Explained 💥
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Steam’s CS2 knife market went wild after the October 23 update:
Listings spiked, spreads widened
Red-tier Covert skins gained new utility
Mark-to-market losses hit headlines ($1.5–2B), but that’s not actual cash lost
Lesson: Steam’s item economy = cosmetics, not investments. Play, trade, enjoy, but don’t treat it like your 401(k).