Bitcoin is the value chain and when primarily traded against, that becomes the reference for price. If Hive is worth 213 satoshis, and BTC goes up, then the value of 213 satoshis goes up, and so does Hive. However some will sell for less than 213 satoshis and that causes the price to drop. Valuing everything in USD or USDT pegs it to the long term declining value of the dollar, compared to the rising value of BTC. Bitcoin is the primary blockchain, and altcoins are mainly to steal your Bitcoin. However some have interesting protocols. Hive is designed to be a web3 and I always liked how you can put some simple html in a series of blog posts, and that feature alone makes this coin immensely valuable to me. I have made many websites in my life, but they all disappear. For the past 9 years I have been able to write my posts here, and they are all still here. That means a lot to me, and Hive is more than a coin with some value because it can be sold, but as a technology that has a valuable use case long term.