He might cry a lot. Deku is very emotional, and being cheated on would be a very painful experience for him. He could also get angry, which is rare for him, but this situation would be so unjust that he might not be able to hold it in. He'd probably start to question his self - worth too, thinking that there was something wrong with him that made his partner cheat.
Well, Bakugo might scoff at first. He'd probably think Batman is too brooding and not as straightforward as he likes his heroes. But then as he reads more of the fanfiction, he might grudgingly admit that Batman's detective skills are cool. Deku, on the other hand, would be super interested. He'd be analyzing every move Batman makes in the fanfiction, taking notes in his head about Batman's strategies and how they could be applied in his own hero work. Uraraka would be more focused on the relationships in the fanfiction. She'd be all 'aww' at the cute moments and feel for the characters when they're in trouble.
It's hard to say. Sometimes a fictional work can be cancelled due to low ratings or financial issues. But there could also be other reasons like creative differences or changes in the market.
The main differences are in their expressions and some minor details of personality. In the manga, Deku might seem a bit more intense, while in the anime, he's sometimes presented a bit softer.