I observed this week that Hive adjusted itself to exactly 1/100,000th the cost of Bitcoin, and I remember seeing that back in 2020 and 2021 before of course they had to diverge ... I wondered if there were something going on with the correlation, and, indeed ... wow ... good info here!
ADDENDUM: I don't have any data, per se, but I do have a memory of 2020 ... Bitcoin arose out of the pushback of what everyday people went through in the financial crisis, and Hive arose out of a community pushing back after the powers-that-were betrayed and stole from it. That was the narrative... so it may also be that there is an overlap of the types of people that invest in both Hive and Bitcoin.