Describe the bug
When adding a background image to the Cover block there is no feedback provided to the user that an image is being uploaded.
To reproduce
Steps to reproduce the behavior:
Expected behavior
Once an image is selected, the Cover block UI should provide some feedback that an image upload is in progress. I would recommend some input from Design on what form this should take.
Please consider that the user may already have content within the Cover block so we can't simply switch the whole block to a "loading" state as that would prevent the user editing their existing content whilst the upload takes place.
The upload process should be async and not blocking.
Screenshots

Editor version (please complete the following information):
Desktop (please complete the following information):
It seems like this should just follow suit with the Image block. It should show the image with an overlay and a loading spinner.

This was also reported in trac:
https://core.trac.wordpress.org/ticket/45503
I've closed the ticket there in favor of this issue.
Initial attempt to tackle this in https://github.com/WordPress/gutenberg/pull/25401.