diff --git a/CHANGELOG.md b/CHANGELOG.md
index ee22740c1367..968092a36f5f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,7 @@
 ### Fixes
 
 - `[babel-plugin-jest-hoist]` Preserve order of hoisted mock nodes within containing block ([#10536](https://github.com/facebook/jest/pull/10536))
+- `[babel-preset-jest]` Update `babel-preset-current-node-syntax` to support top level await ([#10747](https://github.com/facebook/jest/pull/10747))
 - `[expect]` Stop modifying the sample in `expect.objectContaining()` ([#10711](https://github.com/facebook/jest/pull/10711))
 - `[jest-circus, jest-jasmine2]` fix: don't assume `stack` is always a string ([#10697](https://github.com/facebook/jest/pull/10697))
 - `[jest-config]` Fix bug introduced in watch mode by PR [#10678](https://github.com/facebook/jest/pull/10678/files#r511037803) ([#10692](https://github.com/facebook/jest/pull/10692))
diff --git a/packages/babel-preset-jest/package.json b/packages/babel-preset-jest/package.json
index fab959c1fce4..ef77b4a9b968 100644
--- a/packages/babel-preset-jest/package.json
+++ b/packages/babel-preset-jest/package.json
@@ -10,7 +10,7 @@
   "main": "index.js",
   "dependencies": {
     "babel-plugin-jest-hoist": "^26.5.0",
-    "babel-preset-current-node-syntax": "^0.1.3"
+    "babel-preset-current-node-syntax": "^1.0.0"
   },
   "peerDependencies": {
     "@babel/core": "^7.0.0"
diff --git a/yarn.lock b/yarn.lock
index b9f274f54cce..783f9933d4d1 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -822,7 +822,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@babel/plugin-syntax-top-level-await@npm:^7.12.1":
+"@babel/plugin-syntax-top-level-await@npm:^7.12.1, @babel/plugin-syntax-top-level-await@npm:^7.8.3":
   version: 7.12.1
   resolution: "@babel/plugin-syntax-top-level-await@npm:7.12.1"
   dependencies:
@@ -4871,9 +4871,9 @@ __metadata:
   languageName: node
   linkType: hard
 
-"babel-preset-current-node-syntax@npm:^0.1.3":
-  version: 0.1.4
-  resolution: "babel-preset-current-node-syntax@npm:0.1.4"
+"babel-preset-current-node-syntax@npm:^1.0.0":
+  version: 1.0.0
+  resolution: "babel-preset-current-node-syntax@npm:1.0.0"
   dependencies:
     "@babel/plugin-syntax-async-generators": ^7.8.4
     "@babel/plugin-syntax-bigint": ^7.8.3
@@ -4886,9 +4886,10 @@ __metadata:
     "@babel/plugin-syntax-object-rest-spread": ^7.8.3
     "@babel/plugin-syntax-optional-catch-binding": ^7.8.3
     "@babel/plugin-syntax-optional-chaining": ^7.8.3
+    "@babel/plugin-syntax-top-level-await": ^7.8.3
   peerDependencies:
     "@babel/core": ^7.0.0
-  checksum: f54dfafd352b5671dfe549d6e2d692ec4328988bc2040f3c67b2dd4185c85ced29b39440f6f6bfd8145ad00e2cc8b39c5a218ef4bd7c08c48e3afec0583f4125
+  checksum: d3db297d1ade74f812e93e90b2fc76986449f4158f62d660a91b7d94a308314acc730a282fb55d3d1a2b69ce92c64b553aaef59b82f37cc68640ee779438a58c
   languageName: node
   linkType: hard
 
@@ -4934,7 +4935,7 @@ __metadata:
   resolution: "babel-preset-jest@workspace:packages/babel-preset-jest"
   dependencies:
     babel-plugin-jest-hoist: ^26.5.0
-    babel-preset-current-node-syntax: ^0.1.3
+    babel-preset-current-node-syntax: ^1.0.0
   peerDependencies:
     "@babel/core": ^7.0.0
   languageName: unknown