I remember hipsters dressing like lumberjacks and 1920s flappers, more than farmers.
I associate the peak of hipster culture with people opening up boutique cocktail bars with cutesy themes, trying to turn arts and crafts and manual labor into a profit, when the post-2008-crash economy meant jobs were scarce and retail rents were cheap. It was a rebellion against the housing and finance based economy, but not against capitalism as a whole.
People hated hipsters because they were a bunch of fresh out of college kids dressing weird and "refusing" to get a normal job (because the economy was fucked). Also because a lot of them were gay. Also because those hipster bars were a huge gentrification vector.
I can't be as sure about cottagecore, because it's still happening, and I'm less in the thick of it. It is also an arts and crafts movement. But it mostly exists in pinterest mood boards, because it doesn't have a weird economic moment thrusting it into reality (except all the farmers markets in my area doubled in size this year for some reason, what the fuck is that, and is it cottagecore?).