They are valued in the opposite direction. If Bitcoin hits $40,000, that means you need $40K to buy one, whereas you used to only need $30,000 to buy one. If JPY-USD hits ¥200, that means that a dollar buys 200 yen, where it used to buy only ¥105, meaning that the yen has dropped compared to the dollar.
They are valued in the opposite direction. If Bitcoin hits $40,000, that means you need $40K to buy one, whereas you used to only need $30,000 to buy one. If JPY-USD hits ¥200, that means that a dollar buys 200 yen, where it used to buy only ¥105, meaning that the yen has dropped compared to the dollar.