Bitcoin’s surge past $16,000, explained

CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. CNBC wealth editor Robert Frank breaks down how even though Covid-19 cases are rising, New York City might have gotten through the worst of the real estate crisis, as the rental market in Manhattan rebounds. Plus, CNBC’s Kate Rooney explains the 2020 crypto craze and bitcoin’s latest run past $16,000.