I don't think news really affects it anymore, but for sure, if good news maybe like Bakkt arrives as buyers are ready, we'll see the movement we've been waiting for.
Considering that insider trading is a thing even the most reputable platforms happen to participate in, it would be kinda safe to say that before Bakkt's approval we'll see a strong rally.
I'm however not exactly sure if Bakkt will actually be able to get the CFTC's approval. If it doesn't happen this year, it's safe to say that it won't happen at all, or at least, not without switching from backed to non backed futures.
For now we can blame the government shutdown, but that can't be used as an excuse for the rest of the current year. One of the most trustworthy entities asks for an approval. It should be an easy approval, not an obstacle.