The CS2 item index experienced a significant drop today, falling over 583 points to 1,079, marking a decline of more than 35%. This sharp decrease nearly erases the gains made earlier this year. The downturn is attributed to concerns over increased supply following a version update that allows certain items to be obtained through synthesis. Prior to this drop, CS2 items had surged over 70% this year, outperforming major assets like Bitcoin and the S&P 500. The recent update has sparked fears of item inflation, leading to the current market correction.