The downward pressure is seen in the graph of HIVE compared to BTC. This 1 year chart is from CoinGecko.
BTC is pretty much the base currency of HIVE. The price of HIVE pretty much follows BTC, but there has been a downward pressure on HIVE for the past year which makes HIVE lag behind BTC.

Note, there has not been a major scandal at HIVE or anything else to explain this difference.
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