I think HIVE will make it way back up to its previous levels (around .20) when btc makes it back above 100k again.
I hope so, but wouldn't bet on it. 2 or 3 weeks ago, Hive pumped from 6 to 8 cents, and hours or a few days later we were back to 6 cents - because people just used this opportunity to sell off. Perhaps this will change as soon as the "weak hands" are out of Hive, but who knows...
RE: Market cap of cryptocurrencies