Why do we always get this type of thing sensationalized? Why would a piece of rock "explode" as opposed to simply burning furiously until impact, at which point it would be much smaller? Just wondering.
It depends mainly upon the composition of the rock.
Because asteroids like this are traveling at around 40,000 miles an hour. They are so large that when they strike the atmosphere, the pressure wave and the change in temperature going through the asteroid is so intense the the rock vaporizes at once, creating an explosion.